Saturday, October 3, 2015

A Reader Has A Question Regarding "Confidential Status" -- October 3, 2015

Over at the discussion group a reader has this question about confidentiality:
I have an interest in four wells that are on Confidential Status.  I've noticed that some wells on this status will have spud dates, but none of our four do.  Why would they be on confidential if the drilling hasn't started?  Reference permit #31341.
I believe this is the timing regarding "confidentiality": 
The following was taken from the Bakken Shale Discussion Group thread with regard to "confidential": "All information furnished to the director on new permits, except the operator name, well name, location, spacing or drilling unit description, spud date, rig contractor, and any production runs, shall be kept confidential for not more than six months if requested by the operator in writing. The six-month period shall commence on the date the well is completed or the date the written request is received, whichever is earlier. If the written request accompanies the application for permit to drill or is filed after permitting but prior to spudding, the six-month period shall commence on the date the well is spudded."
I will let others answer this one. As much as I've written about "confidentiality" I still don't understand some of the nuances and subtleties. Anything I would suggest would simply be opinion, an that along with $2.10 would get you a cup of Starbucks coffee. 

No comments:

Post a Comment