Also, Indigo has recently staked another location in Sec. 12, T18N-R4W, and someone has staked a location in Section 4, T18N-R3W (this would be a north offset to the Wilder well mentioned above). No permits have been issued for these wells yet.
Sorry, some of the wells listed above are in the Ruston Field. I include them together because there is no separation between the production in the two fields in this area.
The well staked in sec 12 is in my area. They have another well in that sec (la rue ) that I have yet to see any royalities from but I'm unleased so I understand that it takes longer to see any checks from that. I recieved a letter from Indigo planing approx 2-3 wells in sec 12. I'm new at this so I'm trying to learn all I can from ya'll. Any info or updates would be helpful.
arkiegirl,
There is no set time frame for a well to payout, in fact some never do.
It looks like the LaRue well has probably recouped approximately 1/2 of its costs.