Meaning of Intent to Drill Data

Oil and Gas Leasing Help
1

Not sure what all this means:

“Oxy USA Inc.; SW Unity Upper Morrow Unit No. 103 Well; C NW1/4 SW1/4 NE1/4 of 26-03N-12E; TD 6,533.”

Some of it I think I know like TD = Total Depth 6,533 ft.

Does this only describe the exact location of the drilling operation or does it also describe the well dimensions or capacity?

2

In Oklahoma, the intent to drill means a permit has been issued. Oxy USA Inc. = Operator SW Unity Upper Morrow Unit No. 103 Well = Well Name C NW1/4 SW1/4 NE1/4 of 26-03N-12E; Legal Description of well location. Center of North West Quarter … Section 26, Township 3 North, Range 12 East TD 6,533 = Correct, total depth.

3

thanks rick

Rick Howell said: In Oklahoma, the intent to drill means a permit has been issued. Oxy USA Inc. = Operator SW Unity Upper Morrow Unit No. 103 Well = Well Name C NW1/4 SW1/4 NE1/4 of 26-03N-12E; Legal Description of well location. Center of North West Quarter … Section 26, Township 3 North, Range 12 East TD 6,533 = Correct, total depth.