We receive royalties on a couple of vertical wells that produce very little and two horizontals that were drilled back in 2018. The horizontals are well into the decline curve. I find it interesting that we have not seen any additional activity in this section while the next section west has at least 10 wells.
It could be the geology of the reservoirs, drilling priorities of the operating companies, etc. They have to balance all of their expiration of leases, reservoir pressure on Held By Production (HBP) units, rig availability, frac crews, etc. Marathon and Gulport had your horizontal wells. Marathon was just bought by Conoco Phillips, so Conoco may have different priorities.
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