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| Most wells are averaging 200 barrels a day for the first year and then 100 for next year. There are few wells that make 1000 but only for few months. The spacing units are 1280 acres. Everyone in the two sections share equally, even if the well isn't on your land. There will be at least 8 and up to 32 wells on each spacing unit eventually. The well pads are 8 to 20 acres in size not much fun if you don't have mineral rights. Most land owners don't have any or just a few mineral rights. | |
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