Replies to This Discussion

Permalink Reply by Frank Walker on April 6, 2012 at 12:24am

Mike which gasco?

Permalink Reply by Rick B on April 8, 2012 at 3:01am

Chesapeake

Permalink Reply by mike on April 9, 2012 at 6:36am

Yes Chesapeake.  Statoil and Ana also have part of well.  Will they also be shut-in? 

Permalink Reply by Frank Walker on April 9, 2012 at 8:55am

Mike

It's possible there was a drilling mistake . . . a breakthrough to (or from) another well.  That's what's being posted elsewhere and could be what is behind any shut-in.

However be advised:  I'm reporting this second hand.  I have no personal knowledge of this.

Here you go:

Link

Permalink Reply by mike on April 9, 2012 at 2:21pm

Will it ever go back in production?

Permalink Reply by Frank Walker on April 10, 2012 at 1:19am

Mike

It's a two-part answer, and all guesswork:

Yes . . and . . 

But don't ask me when. 

Thing is, there is such a NG glut right now.  It does not make economic sense for any gasco to spend a lot of money on something like this.  In order to make sense overall, such a repair would have to make economic sense to the gasco's bottom line.  My bet is that at some juncture in future this repair will make sense.  I just cannot tell you today when that will be.  However:

Based on your own reporting in the OP, seems as if it's going to be at least a year out.