Kansas Surface Use Agreement (Oil and Gas Operations)
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How to fill out Surface Use Agreement (Oil And Gas Operations)?
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FAQ
Those in exploration aren't doing so well because it costs $400,000 to $600,000 to drill a vertical well. But those who own a lot of producing wells are still making a profit. He estimates that the average cost to bring a barrel of oil out of an existing well in Kansas as $20 to $30 per barrel.
The first oil well in Kansas was drilled in 1860. Today, oil & gas are produced in 89 of Kansas' 105 counties. Generally, 4,000- 5,000 permits to drill are is- sued in Kansas each year. The average well depth is about 3,500 feet.
Kansas Frequently Asked Questions QuestionsAnswersHow many active producers are there in Kansas?There are currently 401 active producers in the state of Kansas.What is the average depth an oil or gas well is drilled in Kansas?2,633 feet is the average depth of a well in Kansas.4 more rows
The average depth of a Kansas well today is approximately 3,500 feet. The cost of drilling and equipping an average 3,500-4,500 foot well can be approximately $450,000. At approximately $180,000, the cost of a 3,500-4,500 foot dry hole is considerably less than a fully equipped producing well.
First, imagine the depth of the Grand Canyon. The average Texas oil well is 900 feet deeper again - but this is quite literally just scratching the surface. Hydraulic fracturing reaches depths ranging from 5,000 feet to 20,000 feet.
Oil and gas wells can range in depth from a few hundred feet to more than 20,000 feet. In some parts of the world, wells go as deep as 30,000 feet, Zdarko says. Ranging from 1,000 to 2,500 feet deep, Aera's San Joaquin Valley wells are considered shallow.