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Permalink Reply by buckmaster on August 24, 2009 at 15:18

thats how many units have been applied for in that township

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Permalink Reply by MGB on August 24, 2009 at 15:25

By "how many units" do you mean wells applied for that if permitted will be drilled eventually?

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on August 24, 2009 at 15:51

Drilling & Production Units, MGB. For the Haynesville Shale the most common unit is a standard section (1 mile square) +/- 640 acres and the LA. Office of Conservation mandates 80 acre spacing so each section could have up to 8 wells drilled over time. A unit order by the state designates an operator and allows for pooling all mineral interests within the unit boundaries to share in production.

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