allowables?
Hi I have a question....If an oil well says 477 allowables and 474 potential (on the sonris data) what does this mean? According to the DNR glossary this means it will/can produce this amt per day????
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Replies to This Discussion
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Permalink Reply by Skip Peel - Mineral Consultant on -
The daily rate of oil or gas that a well is permitted by state authorities to produce during a given period.
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Permalink Reply by emily amedee on
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ok thanks for the info
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