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Southwestern Energy Co. Message Board

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  • findoilgas findoilgas Aug 10, 2012 3:25 PM Flag

    Brown Dense$$ (nice pressure)

    SWN only gave you the best production rate (24 hours) not the average (a huge difference). I assume they shut the well in for build-up and more testing. Usually means the rates are not stable and the pressure dropped rapidly. Thus, probable a poor test (poor well).

    You can only get a somewhat accurate projected EUR with a well on production for at least 4-6 months. One must calculate and review the production decline curve. You cannot make a top range EUR based upon the best test because one does not know the pressure and production declines.

    Hopefully, someone will ask them specific questions three months from now about the results and what it means going forward in this trend. SWN bought 3 more months of time without a good explanation of results.

28.67+0.21(+0.74%)Dec 26 4:02 PMEST

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