My former sister in law does. She is from Midland, Texas, and her granddaddy was in business with Bush the first.

She's an attorney and works for her mother's firm, which I believe is called Redfern Enterprises, Inc.

I haev no idea what she does these days, but back when she and my brother were married, her job as to research non-producing wells like yours, Jabber, and buy them up if her research showed that they MIGHT be able to produce.

Don't know whether fracking would be involved in getting them to produce, but the concept as I understood it was that as gas and oil become harder to find, these smaller wells might prove more valuable to someone who has the financial means to exploit them.

Bottom line: you are correct. There are tons of people out in the world who own non-producing wells. And, only a very few who actually make money from them.