As previously noted, the Mayberry well #715 appears readynto produce. One rumor is that there is a problem attaching to a suitable (or convenient) pipeline to transport the gas. The second rumor is that the well will be capped as an asset for the future and may not produce for years.
Why all the secrecy surrounding this operation and isn't it the right of leaseholders to be kept informed of the status of these wells?
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Perhaps the composition of what is coming from this well has something to do with not turning it in line....?
We will just have to wait and see I guess. Infrastructure projects surely must kick into high gear in the County soon. That is , if we are as liquid rich as we are supposed to be and these Companies are sincere about producing our resources.
Word is Shell has to decide by the end of December if they will excercise their option to actually purchase the Horsehead site and build the Cracker Plant in Vanport. If they do say yes , then perhaps things will speed up a little.
Keep your fingers crossed.
Through a friend that is a manager at an auto parts store, I was told the construction of the pipeline connecting the Mayberry is under way. It seems the company working on the pipeline is setting up credit accounts at a number of retailers in the area. It was also related to him that the Mayberry well is loaded with oil and wet gas and the leaseholders will be seeing good royalties, supposedly beginning early this summer. Anyone else hear or see any movemrnt concerning the pipeline??
By tbe way, has Shell exercised their option on the Vanport cracker plant?
Did the little bird let you know what company it is that is tht is doing the pipeline?
Hard to see royalties with no way to bring it to market.... I'd like to see the transmission lines in by early summer.
Shouldn't need lines for OIL..
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