MRP 242: Can a Shut-in or Plugged Well be Reopened?
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
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Show Notes
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