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Non-Cattle Specific Topics
Every Thing Else Board
Natural Gas Wells Info.
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<blockquote data-quote="Brute 23" data-source="post: 606877" data-attributes="member: 6291"><p>Probably old shallow wells. I wouldn't get too excited, just my opinion, based on my experience around here.</p><p></p><p>Alot of times small companies will go in and re-enter these old wells that were plugged back then and try and get a little some thing out of them. </p><p></p><p>In wells like that if you don't have a clear history on them there could be a list of problems so the O&G companies arent going to pay much in lease money and stuff like that, there is alot of risk for little return. Its kind of like, the hole is there, so they will check it out. If there is still some thing every makes a little, if not the O&G company isn't out alot.</p><p></p><p>THose wells would have to do REALLY well to inspire them to drill on your place.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 606877, member: 6291"] Probably old shallow wells. I wouldn't get too excited, just my opinion, based on my experience around here. Alot of times small companies will go in and re-enter these old wells that were plugged back then and try and get a little some thing out of them. In wells like that if you don't have a clear history on them there could be a list of problems so the O&G companies arent going to pay much in lease money and stuff like that, there is alot of risk for little return. Its kind of like, the hole is there, so they will check it out. If there is still some thing every makes a little, if not the O&G company isn't out alot. THose wells would have to do REALLY well to inspire them to drill on your place. [/QUOTE]
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