Right. And what happens when you cap the well? Where does the oil/gas go? You can just frack it again later, right?
It stays behind the wall that plugs up, no different than the vertical wells.
You can just frack it again later, right?
Yes, you can stop the current cash flow and spend several millions of dollars later. If you want to throw away money...
Do you understand when the articles talk about break-even cost for shale, that is the cost to find, drill, frac, tie in, the begin producing.
For wells already in service, 80~90% of the cost is already spent. Until years in the future where the water cut gets to high, the cost of operation is relatively low.