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Natural Gas, Oil, Minerals Q&A Answers
WHAT IS A PLUGGED WELL? I SEE A NUMBER OF PLUGGED WELLS NEAR MY UNLEASED PROPERTY.
By: admin | 2010-01-03 11:13:51A "Plugged Well" is generally either a well that has been depleted or a well that has been drilled and was deemed unproductive. Plugged wells are permanently sealed to prevent any leakage or contamination.
Plugging is different than Capping. A capped well may be a productive well, but it is capped temporarily. Capped wells generally put a lease into Shut-in whereby no royalties are paid, but a pre-determined shut-in amount is paid until the well begins producing or is plugged, at which time it is for all intents and purposes dead.
Answers are provided for educational or information purposes only. It is critical to seek qualified legal counsel before making any decisions affecting your property or mineral estate.
