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...
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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