I am sure drilling in lower Lafourche will be affected by the flood waters. Will production be affected also from existing wells?
Dear Mr. Benvage,
It all depends on the height of the water and if the wells are on platforms. If so, they will shut them in. So, now is the time to look at your lease and check the shut-in provision and see when they are required to make payments.
Incidentally, I used to hunt a lot on Clovelly Farms when I was a younger man. I love LaRose-Cutoff.
Mr. Cotten,
These leases were done several years ago. How do I go about finding this info on payments? I actually live in West Central Louisiana. Thanks for the reply.
Buddy Cotten said:
Dear Mr. Benvage,
It all depends on the height of the water and if the wells are on platforms. If so, they will shut them in. So, now is the time to look at your lease and check the shut-in provision and see when they are required to make payments.
Incidentally, I used to hunt a lot on Clovelly Farms when I was a younger man. I love LaRose-Cutoff.
Best,
Buddy Cotten www.cottenoilproperties.com www.oilandgasleaseforms.com