Indigo Putting Off DeSoto Wells?

Indigo has 4 wells permitted in DeSoto for 2 sections, 10-10N-14W and 15-10N-14W. They have both pads built. I heard today they are putting these off for a year. Does anyone have any information? Not sure how reliable the info was. I know they built a staging pond for these already as well. Just curious... Thanks for any info.

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landownerPermalink Reply by Greg Whitson on September 8, 2017 at 8:35

Skip thank you for your insight. I have an interest in one of the wells and everything seemed to be in a hurry until the drilling was done and now nothing for months sitting with a 31 code. Guess I will just have to wait and see.

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on September 8, 2017 at 8:56

You're welcome, Greg. Considering the day rate for the most advanced top drive rigs, all operators are in a hurry to reach TD and release the rig. Across all the major shale basins there are many wells waiting on completion. It's normal.

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landownerPermalink Reply by SL on September 8, 2017 at 8:58

As always, Skip, really appreciate your insight.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on September 8, 2017 at 9:00

You're welcome.

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