Reduced spacing

Originally my lease was signed on a understanding that my 60 acres would be included in a 640 section . They are now claiming to be drilling on 80 acre spacing  .'  IF' my land  is drilled upon , do I now participate on a 80 acre section,   60/80 , instead of a 60/640 ? Thanks for any comments .

Views: 899

▶ Reply to This

Replies to This Discussion

Permalink Reply by pg guy on December 2, 2013 at 7:02am

Can't tell for sure from your post, but it sounds like the operator is planning on a vertical well, instead of horizontal drilling. 

Permalink Reply by pg guy on December 2, 2013 at 8:45am

What state and county are you in?  If NY, perhaps there is a conventional prospect that will hold your lease while everyone waits to get the liberals out of office so that high-volume fraccing can be used.

Permalink Reply by Mark McGrail on December 2, 2013 at 8:12am

Raplh,

The unitization clause usually states that they can include your property in up to a 640 drilling unit. That also means your land may be included in a smaller (80 acre) drilling unit.

80 acres sounds like the vertical portion of a horizontal well.

How did you find out your property was included in a drilling unit?

Permalink Reply by rmc on December 2, 2013 at 2:37pm
I would imagine 4 wells to the Northwest and 4 wells to the southeast.
8x80 equals 640

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service