Disposal well

#1

Is there any potential revenue from havin a disposal well

drilled on your property.

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#2

Carl,

you can make a lot of money from disposal. Some oil and gas leases allow the operator the ability to drill a disposal well and not pay anything additional to the surface/mineral owner, and this cost compensated through the bonus. So id make sure that this is not the case in your scenario, or be careful when leasing if you own surface and minerals. There are usually two types of disposal wells commercial and private. Out in West Texas people can get 00.15 - 00.40 cents per Bbl. Depending on the type of disposal there is also some royalties available from additional oil acquired from running the water through a seperator which is nice! If I were you I would ask them to send over their terms for the surface use/ disposal, and explore this opportunity>

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