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re: Goodrich grabs big stake in Tuscaloosa formation
Posted on 7/25/13 at 9:03 pm to islandtiger
Posted on 7/25/13 at 9:03 pm to islandtiger
1 day IP rates mean almost nothing. 30 day average rates tell a much better story.
Hopefully these wells have a good decline curve. Will probably be tough for the propant to keep the fractures open for a more ductile formation like this.
Really hope they can lower prices and make these wells work, would be great for LA
Hopefully these wells have a good decline curve. Will probably be tough for the propant to keep the fractures open for a more ductile formation like this.
Really hope they can lower prices and make these wells work, would be great for LA
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