Ok, David, now I'm confused (again.) Are you really saying that let's take my standup sections 9+4 -- and let's say it does get a well on it. A company (or must it be the original driller co of the existing well?) can come in and put section 4 with section 5 and make a new drilling unit? So then my acreage ownership in 4 would apply again to the new unit? I think that is what you are saying, but just give me a clarification, please? The also, is there a possibility that the sec 9+4 original unit could be joined also with another 1280 right next to it to form a 2560? Do the principles still work the same --- number of net mineral acres owned in relationship to the size of the total new unit? I am wondering, also, why there are no diagonal units, except for the very nature of sections being squared, and to go through a corner they would have to include the 4 sections? (I think I just answered my own mental meanderings there....) I enjoy your thoughtful, thorough and well researched answers, by the way.... thank you! Rufus
On Oct 5, 11:06 am, David <[EMAIL PROTECTED]> wrote: > A singlw well per spacing unit, but here is the tricky part. there is > nothing to stop the driller from creating one or more new spacing > units on top of the old spacing unit,or even combine parts of two old > slacing units into one new spacing unit, and drill a new well for > each. > > Whiting, for example, does this on their 1280 acre spacing units to > accomiodate two wells, and mineral owners in all of the 1280 acres > will get royalties from both wells. > > On Oct 5, 10:52 am, Lostwood <[EMAIL PROTECTED]> wrote: > > > > > Sorry 680 and 1260 > > > On Oct 5, 7:52 am, Lostwood <[EMAIL PROTECTED]> wrote: > > > > I am sure this has posted, but I am not able to find a concise answer. > > > What is the number wells in a spacing unit. ie 640 and 1260. And I > > > understand pooling of mineral interest to overlap as well. Can someone > > > who knows let me know.- 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 -~----------~----~----~----~------~----~------~--~---
