# Continental Shutting In Wells
**URL:** https://www.mineralrightsforum.com/t/continental-shutting-in-wells/57217
**Category:** Miscellaneous
**Created:** [April 26, 2020, 5:47pm UTC](https://www.mineralrightsforum.com/t/continental-shutting-in-wells/57217 "2020-04-26T17:47:47Z")
**Posts on this page:** 7
**Page:** 1
### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [April 26, 2020, 5:47pm UTC](https://www.mineralrightsforum.com/t/continental-shutting-in-wells/57217/1 "2020-04-26T17:47:47Z")
I received notice today that more wells in Grady County, Oklahoma, that are operated by Continental Resources, are being shut-in. They already reported shutting in all their wells in North Dakota as well as stopping all drilling there. I expect them to cancel all drilling in the SCOOP in Oklahoma for the foreseeable future. Unit Drilling out of Tulsa is laying over their new rigs (BOSS) and preparing to file Chapter 11. Unfortunately, with all that is happening in the world there is going to be some serious hurt put on millions of mineral owners, along with small oil companies.
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### Author:  [@Sylvester\_W\_Brock\_Jr](https://www.mineralrightsforum.com/u/Sylvester_W_Brock_Jr)
#### Post date: [April 26, 2020, 8:23pm UTC](https://www.mineralrightsforum.com/t/continental-shutting-in-wells/57217/2 "2020-04-26T20:23:02Z")
Bad news. I read that Oklahoma is making it possible for CLR to shut down wells and still retain lease rights. Any details available?
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [April 26, 2020, 11:43pm UTC](https://www.mineralrightsforum.com/t/continental-shutting-in-wells/57217/3 "2020-04-26T23:43:10Z")
Haven’t read anything about that. If shut-in clauses come into play we are all screwed and what we own won’t be worth a plugged nickel anyway.
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### Author:  [@Sylvester\_W\_Brock\_Jr](https://www.mineralrightsforum.com/u/Sylvester_W_Brock_Jr)
#### Post date: [May 2, 2020, 3:51pm UTC](https://www.mineralrightsforum.com/t/continental-shutting-in-wells/57217/4 "2020-05-02T15:51:46Z")
Todd: I wonder if the costs of servicing a producing well are greater than the income derived. If not, what would be the rationale for stopping production. Waiting for better prices?
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### Author:  [@TennisDaze](https://www.mineralrightsforum.com/u/TennisDaze)
#### Post date: [May 2, 2020, 5:54pm UTC](https://www.mineralrightsforum.com/t/continental-shutting-in-wells/57217/5 "2020-05-02T17:54:57Z")
Temporary order with hearing on May 11. Oklahoma experts should comment. [https://www.tulsaworld.com/business/emergency-order-from-oklahoma-corporation-commission-allows-operators-to-shut-in-oil-wells-to-prevent/article\_0963dd0e-d9f9-52a3-bfbb-67c9d5e7ab6f.html#1](https://www.tulsaworld.com/business/emergency-order-from-oklahoma-corporation-commission-allows-operators-to-shut-in-oil-wells-to-prevent/article_0963dd0e-d9f9-52a3-bfbb-67c9d5e7ab6f.html#1)
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [May 2, 2020, 7:24pm UTC](https://www.mineralrightsforum.com/t/continental-shutting-in-wells/57217/6 "2020-05-02T19:24:06Z")
All about the price of oil!
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [July 25, 2020, 5:47pm UTC](https://www.mineralrightsforum.com/t/continental-shutting-in-wells/57217/7 "2020-07-25T17:47:49Z")
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