What are the implications of the injection well moratorium? This has to drive up drilling costs. Are any of the producers using petro-fracking instead?
The above is the soon to be implemented order of the Arkansas Oil and Gas Commission as to disposal wells. It appears to be more than a moratorium. However, what they have done, if I read it correctly, is say that any oil and gas company that has drilling rights somewhere else can use any existing abandoned wells or drill new ones as injection wells. I fear that means all that fracking fluid is going to be hauled to Columbia County. Since Southwestern has leased thousands of acres in Columbia county they should have no trouble finding places to inject. We already pass these trucks daily.
Lerret
explain petro fracking please?
This is going to increase the cost to all producers in the area.
Feb 3, 2012
Polly Ann Foote
http://www.aogc.state.ar.us/PDF/H-1%20FINAL%202-17-2012.pdf
The above is the soon to be implemented order of the Arkansas Oil and Gas Commission as to disposal wells. It appears to be more than a moratorium. However, what they have done, if I read it correctly, is say that any oil and gas company that has drilling rights somewhere else can use any existing abandoned wells or drill new ones as injection wells. I fear that means all that fracking fluid is going to be hauled to Columbia County. Since Southwestern has leased thousands of acres in Columbia county they should have no trouble finding places to inject. We already pass these trucks daily.
Feb 3, 2012