In a document showing transfer of operators, listed wells were marked with either: producing, shutin or plugged. What does shutin mean? In Beckham County Oklahoma, Cat Creek was classified as shutin in 2016 and I have not been able to find anything since that record of transfer for that well. No royalties coming in.
Wells are shut in for a variety of reasons. Could be no pipeline available for gas, mechanical issues or the well has reached its economic limit and has been mechanically shut in until it can be plugged and abandoned.
I see that well with last production in 2012. It produced over 2.4 BCF of gas. At this point, it is probably been “done” for over a decade.
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So when wells stop producing for whatever reason, the mineral rights owners are not notified, correct?
The operators have no obligation to notify, Up to the mineral owners to keep track of the wells on their properties through the OTC site and the OCC site.