We just got our permit for Block 33-95 so now to wait for the money,how long does that take?
William,
You're asking an impossible question.
Clint Liles
permit does not equal money. a permit doesn't necessarily mean that a well will be drilled. if they do drill a well and it's productive, you'd have to wait roughly 6 months or so after the well is spud to see your first check, and that's if there's no delays. Clint is right that your question is very difficult to answer. good luck.
Well they have poured the pad and have told us 3 wells and our section is in a good place for long fracking and im sure that will turn into money.
Patrick said:
permit does not equal money. a permit doesn't necessarily mean that a well will be drilled. if they do drill a well and it's productive, you'd have to wait roughly 6 months or so after the well is spud to see your first check, and that's if there's no delays. Clint is right that your question is very difficult to answer. good luck.
William, don’t go spending that money just yet…it’s been over two years since some of our wells were permitted and others have been drilled but not fracked and have been shut-in for over a year now. I just hope I live long enough to see some of that money…someday… 
I know better than to spend money I don't have.We did get oil from this section back in 1985.I can't understand the thinking of getting all the pre work done and sitting on it for 2years or more.I hope I live long enough to see it also but from what the land man told us there going to drill very soon.So we wait,I have waited 25 plus years for this.
J. Michal said:
William, don't go spending that money just yet........it's been over two years since some of our wells were permitted and others have been drilled but not fracked and have been shut-in for over a year now. I just hope I live long enough to see some of that money.......someday..... :-)
hope you don't have to wait too long. I had a well drilled by Anadarko in Oct 2012 and received a check in Feb 2013 The well is in Loving county sec 1
That’s not to bad 4 months. . What was the oil output how many barrels are they getting from the loving county wells ?"
;don’t have to wait too long. I had a well drilled by Anadarko in Oct 2012 and received a check in Feb 2013 The well is in Loving county sec 1
potential rated at 600 but proration limited to 275 , obviously wells vary depending on location and other factors
Yes I know location has a lot to do with output,I don't understand your saying rated at 600 but proration limited to 275. What proation ? if the well puts out more than 275 a day don't you get that amount credited to your account? Thank you for the information,i'm new to all this.
joe spence said:
potential rated at 600 but proration limited to 275 , obviously wells vary depending on location and other factors
Look up oil proratio under texas oil and gas regulations to get a precise definition I don’t want to lead you astray
OK Thanks.
joe spence said:
Look up oil proratio under texas oil and gas regulations to get a precise definition I don't want to lead you astray