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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: peter snowdon who wrote (3933)	12/10/2003 3:01:45 PM
From: Scott Shaw	Read Replies (2) \| Respond to of 23958

Peter, Decline curves in this area typically show a steep region at first and then a long low decline for up to 135 years. The average Devonian well production in this area is approx. 44 MCFD avg over the first 5 years and 37 MCFD avg over the first 10...however, these wells are coming in much higher than the average. I'll keep everyone informed on how these wells are performing. I'm not exactly sure how long a well has to run before an accurate reserve estimate can be calculated but I think it's between 30-60 days. Best regards, Scott