Are royalties due on frac bash setllements in Oklahoma?
Please explain to us newbies what a “frac bash settlement” is?
Settlements paid to vertical well owners to cover possible damages caused by nearby horizontal infill wells.
Fracking across a zone can destroy a vertical well. Iv spent years of my life trying to squeeze off Frac damage to vertical wells. Run liners. Run internal casing patches. Pressure test bad. Hunt holes. Resqueeze. Casing blows up while fracking etc. it’s a goat rope
The state will make the Frac operator pay for repairs to vertical well owners until mechanical integrity is restored. Basically open ended liability until you fix the Frac damage. Plus a rod pump. First thing that happens is rod pump locks up
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