Lauren Estopinal –
An ultra-deep unit is a special unit established by the Department of Natural Resources when drilling exceeds 22,000 feet. Representative Dove brought legislation in the 2012 session to allow for ultra-deep units. The unit differs from a traditional unit in a couple of ways. First, a unit will be established before a well is drilled, as opposed to a traditional unit, which is formed after the unit well is drilled. Second, the size of the unit will be based on geologic structures rather then land mass. A structure is defined as a unique geologic feature that potentially traps hydrocarbons in one or more pools or zones. The idea behind this special unitization method is to allow operational costs for ultra-deep drilling exceeding 22,000 feet to be shared. These wells are estimated to cost upwards of 100 million dollars.