Booking PUDs in a “Proven Area”… Use Caution Applying Reliable Technology
CG&A
MAY 21, 2022
fact, data exclusion should be the exception, not the norm.For example, wells that failed (mechanical issues, for example) are sometimes excluded; but what assurance exists that those failures wont happen again?Has Producing well spacing and vintage are critical to analyze and understand when booking reserves to undeveloped locations.
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