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What is a proration schedule?

Proration Schedule means the periodic order of the commission authorizing the production, purchase, and transportation of oil or of natural gas from the various units of oil or of natural gas proration in allocated pools.

How deep is the average gas well?

Oil and gas wells can range in depth from a few hundred feet to more than 20,000 feet. In some parts of the world, wells go as deep as 30,000 feet, Zdarko says. Ranging from 1,000 to 2,500 feet deep, Aeras San Joaquin Valley wells are considered shallow.

What is the typical natural gas well depth?

The cement is forced up between the casing and the hole, sealing off the wellbore from the fresh water. Drilling continues vertically, creating a well approximately 6,000 feet (~1,828 m) deep. The depth of the well will vary by region and formation.

How many acres are in a gas well unit?

Every gas well drilled in such pool: a) Shall be on a drilling unit consisting of (1) one hundred sixty (160) contiguous surface acres, or (2) a governmental quarter section containing not less than one hundred forty- four (144) acres or more than one hundred seventy-six (176) acres.

How many acres do you need for a gas well?

Every gas well drilled in such pool: a) Shall be on a drilling unit consisting of (1) one hundred sixty (160) contiguous surface acres, or (2) a governmental quarter section containing not less than one hundred forty- four (144) acres or more than one hundred seventy-six (176) acres.

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