IN KARNES, GOOD OIL WELLS PRODUCING 500 to 700 BPD WILL DECREASE AT WHAT RATE OVER THE YEARS?

Oil & Gas Field Operations
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DEAR SIR OR MAM…ETC:

WHAT KIND OF DECREASE IN PRODUCTION CAN OWNERS EXPECT IN THE 3RD, 4TH, 5TH....ETC. YEARS ON KARNES COUNTY WELLS JUST DRILLED IN 2013, WHICH ARE PRODUCING 700/800 BPD IN THE FIRST YEAR, 500/600 BPD IN THE SECOND YEAR.....AND, .........

IT'S THE BEGINNING OF THE 3RD YEAR....NOW,

  1. HOW MUCH OF A DECREASE CAN EXPECT IN THE COMING YEARS?
  2. HOW LONG DO THE WELLS LAST?
  3. WHAT MIGHT THE OIL COMPANIES DO TO KICK-START HIGHER PRODUCTION AGAIN?

MUCH THANKS FOR ANY EDUCATED GUESSES OR POINTING ME T ANY RESOURCES...

D. H. A.

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Dear Mr. Adams,

Here is a scholarly paper written by Gary Swindell, SPE.

http://gswindell.com/sp158207.pdf

Buddy Cotten

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Thank you so very much!

Duncan