Well is being shut in from 5/4/12 to 5/4/13. Anyone have any news?
Tags:
Mike which gasco?
Yes Chesapeake. Statoil and Ana also have part of well. Will they also be shut-in?
Mike
It's possible there was a drilling mistake . . . a breakthrough to (or from) another well. That's what's being posted elsewhere and could be what is behind any shut-in.
However be advised: I'm reporting this second hand. I have no personal knowledge of this.
Here you go:
Mike
It's a two-part answer, and all guesswork:
Yes . . and . .
But don't ask me when.
Thing is, there is such a NG glut right now. It does not make economic sense for any gasco to spend a lot of money on something like this. In order to make sense overall, such a repair would have to make economic sense to the gasco's bottom line. My bet is that at some juncture in future this repair will make sense. I just cannot tell you today when that will be. However:
Based on your own reporting in the OP, seems as if it's going to be at least a year out.
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