• SpursforSix's Avatar
    18 Hours Ago
    They're likely holding a lot of acreage by producing the wells at marginal rates. If they quit producing, they'll lose all of that acreage. There may be potential for other formations that aren't currently producing that might be economic at some point in time. This is pretty common.
    14 replies | 316 view(s)
  • SpursforSix's Avatar
    18 Hours Ago
    This is right. Hundreds...maybe thousands of orphan wells. For any company operating in the margins, plugging a well is way down on the list of things to do. And while they have to put up a bond with the RRC, it's usually never enough to cover the cost. Additionally, the RRC rarely enforces...
    14 replies | 316 view(s)
  • SpursforSix's Avatar
    18 Hours Ago
    I'm not sure why everyone here thinks I'm fat. I've pretty svelte. Plus, I said, "theoretically". Obviously, I can't flap my arms fast enough right now. But with some body modifications, maybe it's possible. I'm just trying to figure out what to do in my spare time. If achieving flight is a...
    54 replies | 1060 view(s)
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