Tuesday, April 21, 2009

Production is slowing declining.

As I suspected a couple of weeks ago, a major pipeline has been activated. Robry recently confirmed this with: "Major new pipeline (TXG Fayetteville lateral @ Lula, MS.) began scheduling flows 04/03/09. " This new pipeline jumped production higher and as a result, the link between drilling and production is delayed. Some are suggesting the cause of the increase was completions. While they are holding up production, only a new major infrastructure work would have caused this most recent increase in production.

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