I’m a land owner in Pennsylvania, there is a well pad being developed about 1.5 miles from my house, there are at least 3-5 wells (dependent on final drilling location) running through our acreage on the horizontal. This will be a huge help financially for my family from what they’ve told us to expect in royalties, I’m just trying to figure out a time frame for when we might start seeing checks. I used to do wireline so I have a little bit of an idea of the frack process, but as far as drilling I’m not too sure. All of the wells are about 21,000 feet deep. Here is some snips of the info from Marcellusgas.org if anyone can give me an idea.
Thanks for any help!!!
The wells may be 21,000’ long, but probably not that deep as they are horizontal wells which have a vertical portion and then they turn and go horizontal. (Think of a bendy straw).
A ballpark answer is that long horizontals can take from four-five months to drill and complete. However when there are multiples from the same pad, they often drill them all first and then come back and do a zipper frac on all of them at once to save time time and money. So the drilling could take over a year, then several months to frac them all (there are 11 Bowser well permits.) Five go to the southeast and six go to the NW). After completion, it takes months to run the division order title opinion for the hundreds if not thousands of owners for the wells. Your state will have a statutory time frame which will require payment by a certain date after first sales. Many states are 120-180 days. So don’t look for payments for about 18-24 months from spud. Could be more, could be less, but certainly not “next week”. Throw in some weather delays due to winter and it could take longer.
I looked up a similar multi horizontal pad near you and the wells were spud in July of 2022 and completed in Dec 2023, so payment several months later~ spud to pay two years. Those wells were slightly shorter than yours.