What does the number mean?
I am looking at your most recent "Snapshot of the Play" map. In Township 16N; Range 12W I see the number 15. What does that number mean?
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Permalink Reply by buckmaster on
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thats how many units have been applied for in that township
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By "how many units" do you mean wells applied for that if permitted will be drilled eventually?
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Permalink Reply by Skip Peel - Mineral Consultant on -
Drilling & Production Units, MGB. For the Haynesville Shale the most common unit is a standard section (1 mile square) +/- 640 acres and the LA. Office of Conservation mandates 80 acre spacing so each section could have up to 8 wells drilled over time. A unit order by the state designates an operator and allows for pooling all mineral interests within the unit boundaries to share in production.
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