Oil/ Gas Well Issue

My farm currently has the oil/gas/mineral rights leased. However, the well has been inactive and according to the ODNR's standers qualifies as a idol well. So after some debate, the gas company that currently holds the rights, has sent me a letter. It states they intend on plugging the well by October or I can become a domestic well holder. For the last two weeks, I have done as much research as I can to learn about the well, procedures and regulations for a well owner and cost of owning/operating a well. After accumulating all this information, I'm still lost on what way to go with this decision. The fear I have is that someday I would have to front the money to plug the well myself and its pretty expensive. Also that the well is a very "wet one" and that I wold pay a lot every year just to keep the gas flowing. Does anyone on TOO have an in-depth knowledge of gas/oil wells? Is anyone a domestic well holder?