AER Initial Outstanding List

We check the #AER Initial Outstanding List every week (due diligence). It’s surprising how many times #welltests which we have analyzed (#PTA) and submitted (for regulatory compliance) pop up. It’s often because the GCI doesn’t match the measured depth interval in the #welltest PAS file. An easy fix. The list is also an indicator of wells coming on stream (successful activity). Interesting that July has been the only month gas wells surpass oil wells in the past 12 months. I suspect this might change with the positive #LNG narrative being promoted across the country. The first 30 years of my career were predominantly concerned with gas reservoir engineering, only in the past 10 years have we swayed more to oil.