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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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On 30, usually it was a producing well at the beginning, but the reservoir may have been smaller than expected, or it may have turned into a water well, (where water seeps in thru the fractures when completing the well), or the reserve was minimal, or the overhead expense to keep producing it was more than the product produced and sold. For whatever the reason, it just wasn't cost-effective, and it wasn't feasible to just keep spending money on a non-producing well.
I am no expert, but have found this to be the case most of the time. With the dry holes in Union Parish, I think the gas is there, they just haven't found 'what pocket' it is hiding in!! An old oilfield uncle once noted, "Follow the river," and I think it has merit, but not everyone agrees with that adage.
greenjeans
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