Lease A has a known productive horizon at 15,000 feet. A well is drilled to 10,000 feet.

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Would the well be classified as an exploratory or development well?

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Fundamentals Of Oil And Gas Accounting

ISBN: 9780878147939

4th Edition

Authors: Rebecca A. Gallun, Ph.D. Wright, Charlotte J, Linda M. Nichols, John W. Stevenson

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Question Posted: May 29, 2024 04:04 AM

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Lease A has a known productive horizon at 15,000 feet. A well is drilled to 10,000 feet.

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Fundamentals Of Oil And Gas Accounting

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