36 min listen
MRP 242: Can a Shut-in or Plugged Well be Reopened?
FromThe Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
MRP 242: Can a Shut-in or Plugged Well be Reopened?
FromThe Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
ratings:
Length:
32 minutes
Released:
Apr 25, 2024
Format:
Podcast episode
Description
You may see that one or more of the wells on your property is listed as "shut-in" or "plugged and abandoned" on the state oil & gas commission website and wonder what this means for your future royalties. In this episode, we explain some of the main reasons wells can end up getting shut-in and whether they can be restarted. We also explore scenarios where an operator may re-enter a previously abandoned wellbore instead of drilling an entirely new well. As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com
Released:
Apr 25, 2024
Format:
Podcast episode
Titles in the series (100)
MRP 5: What to Know About Selling Minerals: In this episode, we talk about what you need to know about selling mineral rights and the typical process that's involved. Be sure to listen to the end because we cover 5 red flags to look for when selling your minerals or royalties. by The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands