Updated and Corrected Charts

Value has asked me to change the history. He updated the methods used to calculate the index and with this update, I changed the historical data to reflect his updated history.

It is interesting that with winter over, the production is actually falling for several weeks. While the horizontal drilling has increased, production is falling. There have been several posts on the Bry board at IV that the production levels at the start of a well's life are very important to the overall production levels of a well. If you max the production at the start, you get lower levels of overall or total production. Robry's data indicates that declines must be pretty steep for production to fall while drilling is so high.