Wednesday, July 10, 2019
There are plenty of reasons a shale well may be drilled, but not completed and producing, according to Farm and Dairy.
Any new well that’s been drilled, but has not been fracked, is considered a drilled but uncompleted well. There’s value in tracking these wells as they are an indicator of the overall economic health of the oil and gas producers and the future production potential in a shale play. When the market is favorable, operators turn to these wells to quickly put more wells into production.
Find more information on drilled but uncompleted wells in the Appalachian Basin here.
Learn more: Farm and Dairy > They’ve drilled a well on my property, but never finished it. Why?
Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.
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