I was told that an Oil Company can come back and drill again in a different area
on a pooling lease (that is producing) that they already have - that would be nice - but has anyone heard of this happening??
I was told that an Oil Company can come back and drill again in a different area
on a pooling lease (that is producing) that they already have - that would be nice - but has anyone heard of this happening??
It happens on a regular basis.
So we have had 2 producing wells for about 1-1/2 years.... Marathon could come and drill
again on that paid site and make it 3 or 4 total wells??
Thank you,
Meant to type pad site - not paid site.
S.Haas said:
So we have had 2 producing wells for about 1-1/2 years.... Marathon could come and drill
again on that paid site and make it 3 or 4 total wells??
Thank you,
Yes, that is correct.