Inceptus , Rocco
Good points, here is another point of view from another site.
Just in case some people have not seen it.
The companies early indicated that the St. Edouard well was consistent with a Haynesville shale type curve meaning higher initial rates with a steep decline.
The 1.4 mmcf/d rate on St. Edouard was exactly what to be expected based on a Haynesville type curve. The structural part of the fairway, are very over pressured and have extensive natural fracturing similar to the Haynesville. A similar type curve will then be expected. The production history to date matches very closely a Haynesville type curve - Higher initial rates and a higher decline than the other shale plays (barnett, fayetteville, etc).
So you get about the same amount of gas out but a lot quicker as the bulk is produced in the initial period. This has much better economics as with the higher initial rates, you recover more of your capital upfront, improving the NPV.
Rocket
