New Mexico Farmout - Horizontal Wells

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Multi-State
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US-OG-704
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Description

Should any Party elect not to participate in any Horizontal Exploratory Well, other than the Initial Well proposed under the terms of the Agreement, the non-participating Party agrees to farmout to the participating Parties its interest.

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FAQ

As a general guidance, personal drinking water wells should have a minimum horizontal distance of at least 10 feet and preferably 25 feet from such boundaries. State or local standards may be less or more stringent in your area. Contact your local health department for more information in your area.

(1) An operator shall not file an application for permit to drill nor commence the drilling of a horizontal oil or gas well until the operator has either: (a) received the consent of at least one working interest owner or unleased mineral interest owner of each tract (in the target pool or formation) in which any part ...

To obtain a New Mexico Water Well Drillers License, in part the law requires you to have two years of experience working with a licensed well driller, passing scores from the NGWA General Drilling Exam and method exams for each type of drilling you do.

It is unlawful to drill a water well without a well driller's license. A list of licensed well drillers is available on the Office of the State Engineer web site .ose.state.nm.us and at each district office.

Horizontal wells are used in situations where the reservoir is abnormally shaped, or excavation is impossible. Horizontal drilling is preferred over vertical drilling due to its ability to access subsurface reservoirs that are not accessible from directly above.

A horizontal well is a type of directional drilling technique where an oil or gas well is dug at an angle of at least eighty degrees to a vertical wellbore.

Most of those are domestic wells; the typical well is about five inches in diameter and 100 to 800 feet deep, with a submersible pump at the bottom.

Well Drilling Costs By State StateAverage Cost Per FootNew Mexico$26 ? $56New York$30 ? $65North Carolina$27 ? $59North Dakota$29 ? $6443 more rows ?

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New Mexico Farmout - Horizontal Wells