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SEC 5-Year Drilling Window – Fact, Fiction and Gray Areas

CG&A

The new(ish) SEC guidelines published in 2009 were initially interpreted to apply a 5-year drilling window to ALL drills. Moving an expired 5 BCF PUD 100 feet to a new location, and disguising it with a new well name, is a violation. Lets run through using a fact or fiction? Fact or fiction?