Is Tanos drilling new wells in Webster and Bienville Paris
Cynthia, Tanos has a rig in Bienville currently drilling a well and has an additional live permit for another. Tanos completed a well in Webster 5/31/2018 which should be in pay by now. The company has no live well permits at this time in Webster.
Thank you Skip. We signed Division Orders a couple months ago. I haven’t seen anything on my last check
It usually takes two to three months from first production, at a minimum, to get royalty on a new well depending on the date the well was turned to sales.