landowner

Indigo Putting Off DeSoto Wells?

Indigo has 4 wells permitted in DeSoto for 2 sections, 10-10N-14W and 15-10N-14W.  They have both pads built.  I heard today they are putting these off for a year.  Does anyone have any information?  Not sure how reliable the info was.  I know they built a staging pond for these already as well.  Just curious... Thanks for any info.

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landownerPermalink Reply by Greg Whitson on September 8, 2017 at 8:35

Skip thank you for your insight.  I have an interest in one of the wells and everything seemed to be in a hurry until the drilling was done and now nothing for months sitting with a 31 code.  Guess I will just have to wait and see.


Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on September 8, 2017 at 8:56

You're welcome, Greg.  Considering the day rate for the most advanced top drive rigs, all operators are in a hurry to reach TD and release the rig.   Across all the major shale basins there are many wells waiting on completion.  It's normal.


landownerPermalink Reply by SL on September 8, 2017 at 8:58
As always, Skip, really appreciate your insight.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on September 8, 2017 at 9:00

You're welcome.

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