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To: eartick

No one shuts in a well unless its operating costs (mainly salt water disposal or electricity if it is a pumping well) are causing them to lose money. We have wells that make about 5 MCFGD, which is the equivalent to about $10 a day. The reason is that if you shut the well in, you will lose the lease and be forced to plug the well. That will run you about $50,000. As far as the large gas play along the Gulf Coast, I am all ears.


124 posted on 02/16/2021 7:14:30 AM PST by crusty old prospector
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To: crusty old prospector

If you really are all ears you might want to listen for Anahuac. I wrote a paper on it back in my PE years in college (76ish). Modern technology now makes this zone obtainable but demand must be there


126 posted on 02/16/2021 7:54:35 PM PST by eartick (Stupidity is expecting the government that broke itself to go out and fix itself. Texan for TEXIT)
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