Lower volumes of formation water in the absence of strong gas flow indicate lower formation deliverability. This is good for water handling, but probably bad for gas flows when they finally start in earnest.
The important thing will be what water rate the well stabilises at. At the moment it's still emptying out the fractures from the frac job so there's no indication of steady state flow.
Basically, I'd say it's highly unlikely that the reservoir permeability here is truly 25mD. If it was they should be getting well over 1000 bbls a day. This may not be a big deal if the gas saturation is high enough. Wait and see for the gas flows.
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