How can you find out if a well has reached payout? Thanks
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Permalink Reply by Skip Peel - Mineral Consultant on November 5, 2015 at 12:11 You post the well serial number.
Permalink Reply by Skip Peel - Mineral Consultant on November 5, 2015 at 14:34 The definitive way to determine if a well has paid out (if you are a UMI in the unit) is to demand a quarterly expense/production report. Lacking that you check to see the well cost. In this case just over seven million dollars. Although the well has likely paid out, it is also played out. That's one of the problems with choosing to go non-consent on a horizontal Haynesville well.
http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2...
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