We have leases with Whiting in 10N57W. They have drilled 42 new wells from 4 pads in Section 7. Twenty-one of them go North and 21 go South for about a mile and a half. They have apparently drilled and cased them and shut them in. None of them have been fracked or completed, and there is no activity there.
Does anyone have any information about what their plans might be for these wells? I am not sure what the advantage might be to have spent a lot of money to get this far and then walk away from them. I understand that they couldn't complete them and sell the product at a profit right now, but what might the reason be for investing millions of dollars without any prospect of near-term return?