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As noted above, while pooling focuses on efficiently combining lands for the purpose of obtaining a drilling permit to drill a single well, unitization focuses on the combination of interests covering a larger area to facilitate development of all or part of a common source of supply (i.e. a field/reservoir).

Pooling Clause: Joining the Leased Land with Other Land The area formed is called a ?pool? or sometimes a ?pooled unit.? Pooling permits the lessee to prevent waste by avoiding unnecessary drilling and to protect the correlative rights of the mineral owners in the common reservoir.

The declaration shows the boundaries of the pooling unit and identifies all the landowners and amount of property each landowner actually has in the unit. As you review the pooling notice you see that although you have 100 total acres, only 2 of your acres are actually in the production unit.

An oil or gas reservoir may straddle adjacent contract areas. Unitization is the process whereby the straddling reservoir is jointly developed by the interest owners in the adjacent contract groups.

There are three types of owners who can apply for MIPA to encourage or require forced pooling. The owner of any working interest. The owner of any interest in gas or oil in an existing or proposed proration unit. Any owner of an unleased tract other than a royalty owner.

In compulsory pooling of leased lands, the production company files a request for a pooling order, which provides for the surrender or sharing of interest by the landowner.

The Tarrant County clerk filing fees are around $300. There might be other court fees, such as those for making copies or serving your spouse, if you need it. As the rates are susceptible to change and vary across the state and counties, it might be worth knowing the exact sum before bringing your case to court.

Pooled Unit means two or more tracts of land, of which their ownership may be different, that are consolidated and operated as a single tract for production of oil and/or gas, either by voluntary agreement between the owners thereof, or by exercising of the authority of the Board under the statute.

What is Unitization? A unitization is the pooling of assets by several parties in an oil and gas producing area in order to form a single operating unit, in exchange for receiving an interest in that unit.

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Supreme Court held that the termination of Sheppard's lease did not terminate her participation in the unit. They would have gotten from a validly pooled unit.1 – Water Management Strategy Annual Unit Costs . Integrated Report listing of concern for nitrate screening level in the Mountain Creek arm of Joe Pool (TCEQ, 2011). For its dissolution on the ballot in the November 3, 2009 election. 1983City of Fort Worth, Tarrant County, Texas. Surface geology in western Tarrant County, Texas . AU. Assessment Unit. The two pCO2 levels were established in static 5.

Tarrant Texas Dissolution of Pooled Unit

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