What does an application for a "Drill & Operate Well Permit Inactive Status" mean? From the info I find, it appears as though they are applying to make the well staus inactive for a period of up to 5 years.
A little background. This is in Southern Butler County PA, an XTO Marcellus Horizontal well. They drilled the well at the end of 2011 just before the leases ran out on the main properties. Since then, they have leased a lot of the surrounding land that was not originally included in the unit and recently installed the pipeline needed to get the gas out of the area. The well itself was fracked in May and has been sitting ever since.
XTO has been very active in the area drilling, fracking, and installing pipelines. So I just happened to be checking to see if they had applied for additional permits for this well pad and saw the "Inactive Status" application. Just wondering why they would do that? If the well was not very good, they surely would not of gone around and leased more land to add to the unit, would they?? The wellpad land was an old lease so that would appear as the reason to hurry and drill to lock up the land under those terms. But to add land and then make the well inactive to me makes no sence?
Any thoughts?
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