Deep vs. Shallow wells
OK, I signed on to a 5 year lease with an energy company for their rights to tapping into the marcellus layer of gas. Well, that's at least how it was portrayed. Anyhow, another company contacted me about drilling shallow wells. They stated they can be put right next to a deep well operation. I told the person I was under contract with x energy company for the marcellus, and asked if that was a problem. They said check the contract. Well, having no experience with this kind of stuff, what would I look for in the contract ? How would it read in that company x is under a "deep" contract, and company "y" can be contracted to drill a shallow well ? any takers ?