"Hi Carrie, I had a question on APEX NATURAL GAS wells. Sonris shows 87 permits so far in 2025 but only 5 are marked as 'Active Producing'. The last wells to turn to sales were in July. Are they really not turning wells to sales after…"
"Hi Skip, I searched for Apex wells that are 'Active Producing'. But the latest "well status date" is July 28, 2025 (when their status turned to 'Active - Producing'. They do have many new wells that are tagged…"
"That's what I was thinking too. They're spending so much, taking on so much risk with all the urban drilling, they better be ramping up production in winter. "
"Thanks Skip. How are they able to drill in urban locations while other operators are not? Are they really turning all those wells to sale? Looks like they are burning through their acreage. Are they acquiring newer ones?"
"What's up with them operating so many rigs and frac crews? Bit odd for a company their size. Are they going to turn in all those wells to sale or are they trying to sell before that happens?"