I was looking at the number of permits issued in Ohio's Utica Shale for the week of Dec 14-20 (37 permits issued) and I am wondering how long operators have to drill the wells. What are the standard terms for this? I am also wondering if there are any restrictions on how long a well can be drilled but not fracked, any restrictions there?
PA 3 years
Why would a company drill a well and not complete it ?
I ask this rhetorically. I am curious as to the responses.
This CNX well was drilled as a test well, never fracked and then converted to a disposal well.
Money dries up, pipeline isn't ready or won't be anytime soon, discovery wells, problems during drilling/isn't safe to complete... are a couple reasons why a well would never be completed
According to the ODNR Application For Permit (on their web site) which was updated 2014-04-18, it is 24 months in non-urban areas and 12 months in urban areas.