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Are new zones or reactivated zones in abandoned wells eligible?

April 26, 2017abandoned eligible REACTIVATED Wells zones

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Are new zones or reactivated zones in abandoned wells eligible?

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Yes. Reactivated zones are treated the same as new well events for the purposes of this program. If it is assigned a new spud date that is on or after November 19, 2008 and the production from the event is reported separately as a unique well event then it is eligible to make an election, otherwise the well event is not eligible.