Any word on spud for Quin 1-8-17-20? I have 5.5 acres and of course curious about the revenue potential!
The permit was filed on 5/8/23. QUINN 1-8-17-20XHW. No spud yet listed. You can watch the progress on the wellrecords site.
Your revenue will be assigned according to the following formula: Net acres/spacing acres x royalty x percentage of perforations in your section.
Hello Sadie: I have a working interest in the Quinn well and it may have “spud”, but don’t think it is drilling yet. Continental is going to be the operator although they are still being protested by Native Exploration so there are several poolings and other OCC administrative cases to put to rest. But those won’t stop the drilling. Don’t expect to hear anything about revenue for another 6-8 months. It takes time to drill, complete, hook up to a pipeline and prepare division orders so we have a ways to go.
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