well info

can they get any information from a well just by drilling a vertical why would they leave it set like that it could be a good well

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Permalink Reply by Lance Nimmo on February 22, 2013 at 6:35am

Once the vertical is in they have the unit held.

Permalink Reply by DJM on February 22, 2013 at 9:17am

Not always.                  Dan

Permalink Reply by Jim Litwinowicz on February 22, 2013 at 10:21am

Depends on how the lease was written. How does the Pugh clause read, if there is one.

Other reasons may be a lack off infrastructure, the low prices, poor results, dry gas, other areas are a higher priority.

Permalink Reply by william george allison on February 23, 2013 at 3:13am

my opinion natural gas isnt going to see $4.00 this year its $3.28 today winter is almost over they need to produce the gas now and recoup some of thier money

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