News Flash Home
The original item was published from 5/31/2019 8:05:27 AM to 6/8/2019 12:00:02 AM.

News Flash

Oil and Gas

Posted on: May 30, 2019

[ARCHIVED] Interchange B Drilling Update

Extraction is currently drilling the eighth well at the Interchange B Pad. The drilling of this well is expected to be completed May 30, 2019.

Extraction is currently drilling the eighth well at the Interchange B Pad.  The drilling of this well is expected to be completed May 30, 2019.  Under the Operator Agreement, drilling on the Livingston Pad can only be commenced after the first eight wells have been drilled on the Interchange Pads.  Section 10 of the Operator Agreement requires that the Operator drill at least eight wells at one of the Interchange Pads before it begins drilling at any other well site. It also requires that the operator finishes the Completion Phase at the first eight or more wells at the Interchange Pad before it begins the Completion Phase at any other Well Site. Finally, it prohibits the operator from beginning to drill at any Well Site after December 31, 2022. 

Facebook Twitter Email