Ohio Farmout - Horizontal Wells

State:
Multi-State
Control #:
US-OG-704
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Word; 
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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.

How to fill out Farmout - Horizontal Wells?

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FAQ

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.

Fracking wells are often drilled down more than a mile (2500-3000 meters), far below the water table, and lined with layers of cement and steel to protect the surrounding land.

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.

HOW DEEP IS A SHALE GAS WELL? The true vertical depth of horizontal wells completed in the Marcellus Shale or Utica/Point Pleasant ranges from 5,000 to more than 10,000 feet (typically more than a mile below freshwater aquifers).

Areas of activity ing to the Ohio Department of Natural Resources, more than 80,000 oil and gas wells in Ohio were stimulated with hydraulic fracturing from 1952 to 2014. In 2015, there were 1,280 oil and gas wells stimulated by hydraulic fracturing in the Marcellus and Utica/Point Pleasant Shale regions in Ohio.

Horizontal drilling allows operators to efficiently produce energy resources while using fewer rigs and occupying less surface area. Wells can be drilled as much as 10,000 feet (approximately two miles) underground and another 10,000 feet (or more) horizontally- or lateral.

Horizontal Drilling & Hydraulic Fracturing Explained - YouTube YouTube Start of suggested clip End of suggested clip Using two principle techniques horizontal drilling and hydraulic fracturing horizontal drillingMoreUsing two principle techniques horizontal drilling and hydraulic fracturing horizontal drilling enables the welds that penetrate a greater section of the reservoir. Than would be possible with a

The process begins with the drilling of a long vertical or angled well that can extend a mile or more into the earth. As the well nears the rock formation where the natural gas or oil lies, drilling then gradually turns horizontal and extends as far as thousands of feet.

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Ohio Farmout - Horizontal Wells