"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,
Skip 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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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
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