Good Morning -
What is the general prodution decline and life expectancy of a Howard County Spraberry well with a 2-3 mile lateral?
Thanks, SAT
Good Morning -
What is the general prodution decline and life expectancy of a Howard County Spraberry well with a 2-3 mile lateral?
Thanks, SAT
Curious to see a answer from others. We are to your south east on section 33. I have been attempting some predictions by looking at production reports on the RRC.
If the well is operated by a publicly traded company [SM, Oxy, etc.] you might find a production type curve in an quarterly earnings call powerpoint / slide deck.
Also if you use the magnifying glass icon for this forum, see extensive discussion of 3 mile laterals by Roy and NMOilboy from October 2021.
Something like this, maybe (it varies across the county). But this is a nice one because it starts at 1000 bopd so you can pretty easily see the ratios at subsequent times
This was only 10 years, but a well is probably going to be economic for 30-40 years, decline should get really flat at lower rates. A 3 mile lateral is going to make a bit more in the beginning and decline slightly slower.
Do you have one of these charts for Gas?
Sure, I live to serve. Same wells (fixed axis scale)
Qi=1150 Di=1.386 B=0.95
This is just an example of someplace in Howard, may or may not fit your wells but probably not far off. Gas will decline slower.
Thank you NMoilboy for this workup for both oil and gas. I understand that there are lots of potential variables for each owner / location, but this is a super visual. Another example of why we teach math above the levels of balancing a check book… (Old guidance counselors don’t die, we just retire and follow mineral forums online.)
Thank you I appreciate your time.
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