A "Tight Hole" is a well that the operator requests a confidential status to the initial 6 months of the drill operations so that detail information isn't released. This well posted had 68 days of production already in the books before it was released from the "Tight hole" status.
P-47.......R-U the same P-47 that was with me in the SNG drilling offshore Trinidad ----about 5 years ago? If so.......my handle used to be deepsub, and I know you R aware of what "tight-hole" means. Anyway.......operators use this cloaking angle to keep production info on a well from the public and especially their competitors. By keeping the info "tight".....they can opt to buy more adjacent acreage without driving up the price per acre......and can further their plans by either selling off or buying up acreage in the area of the well.
Most states have a time limit for operators to use the "tight-hole" status..........until they have to reveal the drilling results to the state and the public.
236 BOE/D at the 68 day mark.
Aug-2013 31days 6,379 BBO 6,307 MCF
July -2013 28 days 10,149 BBO 9,932 MCF
June -2013 7 days 3,255 BBO 2,714 MCF
Below average for them but will pay for itself eventually