oil and gas vs stratigraphic

Hi

Rice has 4 well pads in Goshen township all within a mile or so of each other.  The permits are marked as statigraphic wells though instead of oil and gas. (though they have 2H 4H 6H legs listed)  A search definition shows stratigraphic as a horizontal well that is exploratory but I can't believe they are putting all the $$$ and not developing. Does anyone have any more info on this or what this could mean?  I am a surrounding landowner that could benefit if they drill the legs.  Thank you.

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Permalink Reply by KAS on September 23, 2014 at 3:41pm

Thank you Jay!  I was thinking maybe that was the intent.  It doesn't look like they did that on their other wells in Belmont County and just applied for the oil and gas at the front end - wonder why they changed that process?!

Permalink Reply by Tony Yurina on September 23, 2014 at 9:48pm

A question for thought.  Is a fast and economical strati graphic (vertical) well being put in place to HBP the acreage?

Maybe, or maybe not.  

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