Building on Skip's comments, it is common practice to shut in and temporarily plug any producing well if there is a new well being drilled on the same pad. Considering that the well heads in these situations are oftentimes only 25' to 50' apart, the danger of having a producing well that close to an active drilling rig is extreme. This shut in / plugging period will normally persist through frac stimulation and flow back operations.
Then why did they report production to the RRC for July?
Assume July is a very partial month of production. Being shut in 3+ months for drilling and completion is a reasonable time frame for these wells.
Other option is that they had a short period of "no activity" that allowed operator to open up the initial well for a short time. But I doubt that was the case
Just got another offer of about $60,000.00 for my minerals.
It would be helpful to any member wondering about purchase offers to know two things: how many net mineral acres and your royalty fraction. Otherwise, the $60,000 offer is too vague to help anyone.
How about this my decimal on this well is .001603564. Does that provide the same info?
No. Do you not know how many unit acres you own? I can back calculate your acreage ownership if I know the acres in the unit and your royalty fraction. Both would be included in your Division Order.
I think unit is 782.2419 acres. Note list of 75 unit acreage holders on page three of this permit.
11.15 acres at half interest so I guess that would be 5.575 mineral acres at 22.5% royalty. But I don't ever remember getting a division order.
The name of the company is Arrow.
My mistake the name of the company is Arrowhead.
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