How can you find out if a well has reached payout? Thanks
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You post the well serial number.
The definitive way to determine if a well has paid out (if you are a UMI in the unit) is to demand a quarterly expense/production report. Lacking that you check to see the well cost. In this case just over seven million dollars. Although the well has likely paid out, it is also played out. That's one of the problems with choosing to go non-consent on a horizontal Haynesville well.
http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2...
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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near…
ContinuePosted by Char on May 29, 2025 at 14:42 — 4 Comments
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