Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on January 12, 2010 at 6:08

There are no hearings for well permits. Only for unit and alternate unit well applications. The operator is out the cost of filing the permit, about $1200. They can easily file for a new permit and now have the added option of applying for a drilling permit good for 12 months. Dont' read too much into this as it is not a rare occurrence.

Permalink Reply by drilltheshale on January 12, 2010 at 7:22

Gotcha, I was thinking of unit creation. I guess they let some expire just because they can't drill fast enought. Thanks.

Permalink Reply by Skip Peel - Mineral Consultant on January 12, 2010 at 9:20

In 2008 some permits expired because no rig was available at the time. Most companies turned right around and repermitted. There can be a myriad of reasons why a permit expires but that's one reason why the industry lobbied for a twelve month permit.