In Colorodo I've been seeing hearings for example- where Conoco is requesting an order to establish 640 acre -drilling and spacing units, consisting of certain sections.
My question is a) what is the difference between this and an actual drilling permit? And b) does this ever mean that they will soon be applying for drilling permits? What is the process and what might these order requests be an indicator of?
Any insight or opinions welcome.
Sorry if I've posted this in the wrong section.