Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Bankers Petroleum Ltd
October 2011 Corporate Presentation
| Abby Badwi | Page 15 of 11 |
October 22, 2016
View in Results
"October 2011 Corporate Presentation"
View Full Document
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
BANKERS PETROLEUM 2011 Horizontal Well Performance 225 Current average decline is 30%; decline range of 22% (D3L) to 37% (D20) 225 Variation in performance is due to reservoir heterogeneity, areal extent, different pressure regimes, and well optimization profiles 15 Type Well IP Current Decline Projected Recovery Well Count Zone (bbl/d) (%) ( Mbbl ) Current 226 End Aug D1 176 33 270 28 D2 140 28 245 9 D20 137 37 167 14 D3U 173 35 207 19 D3L 146 22 254 15 D4 162 30 247 8 D5* 110 3 G6* 169 5 Average Well Curve (Full Development) 152 30 233 101 RPS Average Well Curve (2P Development) 142 258 Assumptions: Flat $100/bbl Brent; Op costs of $4,000/well/month plus $20/bbl variable OPEX (includes Sales & Transport) * Recently developed reservoirs with insufficient historical data for decline analysis