Family has property that is part of a horizontal drill. The well was drilled a little over 1 year ago. 05/2015
Crude production has gone from over 7000 bbl per month to just under 1000 bbl per month.
I poked around and noticed that several of the wells owned by Sabine Oil had their production go down dramatically at almost the same time. Coincidence?
Initial potential was 288 bbl per day with a choke size of 128/64.
Honestly I don't know much about the choke size, or the life of a horizontal well?
Would Sabine have the ability to cut back on production? I know that they just emerged out of bankruptcy. I don't know if this would influence the amount of production they were showing on the books. Any thoughts or comments are greatly appreciated.