WebSet up a force pooling hearing with the oil & gas commission of the state. Drill the wells. ... If you’re a mineral owner in New Mexico or Colorado, and they are putting tighter regulations in place, it may serve you best to consider selling your mineral rights now. While oil and gas will continue to be produced into the near future out of ... WebMar 11, 2024 · Colorado adopted its current pooling laws more than 50 years ago. The statute was written in a way to provide "controlled" and "far less disruptive" drilling, according to the Colorado Oil and Gas Conservation Association. The term "forced" is often used by critics of the practice. The COGCC and oil and gas industry representatives …
Landowner Rights in Conflict – The Issue of Forced Pooling
WebMay 19, 2011 · Forced pooling is also supported by landowners who fear that drilling companies will place wells near their property and siphon off their gas without payment. Another group of supporters includes... WebAny operator failing to obtain voluntary pooling agreements, or failing to apply for an order of the division pooling the lands dedicated to the spacing or proration unit as required by … dewalt track saw corded
Compulsory pooling: How the unleased mineral owner gets paid
WebCOMPULSORY POOLING: pdf version. 19.15.14 NMAC: DRILLING PERMITS: pdf version. 19.15.15 NMAC: WELL SPACING AND LOCATION: pdf version. 19.15.16 NMAC: … Web2009 New Mexico Statutes Chapter 70 - Oil and Gas. Article 7 - Statutory Unitization Act, 70-7-1 through 70-7-21. Section 70-7-1 - Purpose of act. Section 70-7-2 - Short title. Section 70-7-3 - Additional powers and duties of the oil conservation division. Section 70-7-4 - Definitions. Section 70-7-5 - Requisites of application for unitization. WebThe Pooling Process in Oklahoma Most OCC rules pertaining to forced pooling are found in Chapter 5, Rules of Practice, 165:5-7-7 and 165:5-15-3. What is pooling and why do we use it? Pooling is a means of forcing interest owners … dewalt tracksaw clamps