Elwood, 'tract weighting within a unit' --- what are you calling a 'tract'? A well? a measure of land within a section? Tell me about some of the other types of 'units' not a drilling unit/ spacing unit...? is the Fed Exploratory Unit the same animal, vegetable or mineral as an 'assessment unit'?
On Nov 5, 6:10 am, elwood <[EMAIL PROTECTED]> wrote: > rufus, there are other types of units than drilling units (where every > mineral acre is equal to every other mineral acre). iow, other > parameters can be brought into play, like cumulative production, net > hydrocarbon pore volume, current production rate, acres, number of > usable wells and each tract is given a participation in the unit > according to the weighting of each of these parameters. this is done > typically for a secondary recovery unit although i have seen a case > where a unit was formed just to manage primary production. and if this > type unit is created, every mineral (and working interest owner) would > participate in the entire unit according to their unit participation. > > a federal exploratory unit is another animal and i will let someone > who knows more about the subject comment on that. > > On Nov 4, 9:18 pm, "Rufus O'Malley" <[EMAIL PROTECTED]> wrote: > > > > > Anybody home out there? What, no opinions? No theories? > > Ruf > > > On Nov 3, 12:33 pm, "Rufus O'Malley" <[EMAIL PROTECTED]> wrote: > > > > I recently read that in Montana there has been some activity with > > > merging 2, and even 3 1280-acre spacing units to create mega-spacing > > > units with entirely new well density allowances.... I can't seem to > > > backtrack to the article to post it, but the gist of it was that once > > > a 1280 had hit it's max density, that it merges with an adjacent 1280 > > > to create a 2560 or merges 3 separate 1280's to create a 3840-acre > > > unit where addt wells with different orientations are being allowed. > > > Anybody hear anything else about this? If this IS being done, it > > > brings me to the following question: > > > How many spacing units can an individual section,or portion thereof, > > > be part of? > > > For example: let's take a section 4 over 9 standup - can section 4 > > > concommitantly be in a section 5 and 4 laydown unit? And then again, > > > into a 4-3 laydown unit at the same time... ?? > > > Rufus- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/bakken-shale-discussion?hl=en -~----------~----~----~----~------~----~------~--~---
