"Skip, what if the well never reaches payout? Is the UMI owner obligated to pay his tract's unit share (participation factor) of P&A costs, and all other costs that accrued, but not covered by the revenue generated from the hydrocarbons that…"
William W. Waring III's Discussions
Drilled, Uncompleted HA Wells
3 Replies
As of late, many of the newer HA wells are being drilled and then immediately shut in (drilled, uncompleted - DUC's) I assume this is a simple matter of the suppressed (yet rallying) price of natural…Continue
Started this discussion. Last reply by Skip Peel - Mineral Consultant Jun 3, 2016.
William W. Waring III's Page
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- How would you describe yourself?
- N/A
- First Name
- William
- Zip Code
- 70115
Comment Wall (1 comment)
- At 4:10 on May 15, 2018,
Oil & Gas ProSkip Peel - Mineral Consultant said… William, it is best not to post email addresses in open discussion threads. Thanks for the friend request. You can email me at skippeel@gmail.com
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