It can take anywhere from six to nine months from well spud (start of site prep) to actual receipt of the first revenue check by the well owners of a typical 12,000 ft. MVD (Mean Vertical Depth) well. Deeper wells and wells that run into difficulties usually will take even longer.
Here is a timeline breakdown for the revenue path for a conventional 12,000 ft. well:
|Site prep, drilling, logging & testing:||2 – 4 months, occasionally more if complications are encountered|
|Completion & sales line hookup:||1 – 2 months, occasionally more if problems arise|
|         ||Production flow is measured:||         ||1 month|
|Product is marketed & revenue processed:||2 months|