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To: Axenolith

On the positive side, there’s probably been enough wells put in that it will
only be a matter of turning them on so to speak when the price begins rising.

*************

I’m sure there are lots of shut in wells that can be brought online as needed.


3 posted on 11/17/2014 8:12:31 AM PST by deport
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To: deport
I’m sure there are lots of shut in wells that can be brought online as needed.

Really, you believe we spend the large expense of putting a well in service then don't want the cash flow?

If they don't keep flowing oil/gas, most lease terms require they lose the lease.

5 posted on 11/17/2014 8:21:59 AM PST by thackney (life is fragile, handle with prayer.)
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