Multiunit horizontal well filed April 7th and increased density as well. Wondering about the time frame to get approved and drilling time. Case 2026-001456. Wondering if this is a good well? or any information, thanks!
There are several OCC cases in those sections. Some by Continental Resources and some by Ovintiv. More than one horizontal well is planned. The original wells in the section were nice. These will be infill wells. Ovintiv plans two wells.
“It depends on the timing” The one you are asking about has a hearing set for May 5, so will see if it actually happens. In general, multi-unit horizontals can take four-five months to drill and complete. They will probably drill both of these before frac jobs. So will take a bit longer. They will frac both with the same crew to save money. Takes about five months after first sales to get the division orders out and then first royalties usually show up six months after first sales.
Thank you! You’re the best