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Voluntary Pooling and Unitization
Contains material from May 2023
Voluntary Pooling and Unitization
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Review voluntary pooling as authorized in an oil and gas lease, which provides the lessee a means to combine acreage under one lease with acreage underlying adjacent tracts. Also, explore the voluntary unitization statute in Texas under which the Railroad Commission approves field‑wide units, which may combine acreage from numerous tracts and leases for the purpose of enhanced recovery or re-pressuring operations.
Includes: Video Audio Paper Slides
- Total Credit Hours:
- 0.50
- Credit Info
- TX, CA
- Specialization: Administrative Law | Oil, Gas and Mineral Law | Property Owners Association Law | Real Estate Law
- TX MCLE credit expires: 5/31/2025
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Voluntary Pooling and Unitization (May 2023)
Katy Wehmeyer
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Session 1 —31 mins 0.50
Voluntary Pooling and Unitization (May 2023)
Review voluntary pooling as authorized in an oil and gas lease, which provides the lessee a means to combine acreage under one lease with acreage underlying adjacent tracts. Also, explore the voluntary unitization statute in Texas under which the Railroad Commission approves field‑wide units, which may combine acreage from numerous tracts and leases for the purpose of enhanced recovery or re-pressuring operations.
Originally presented: Apr 2023 Fundamentals of Oil, Gas and Mineral Law
Katy Wehmeyer,
Santoyo Wehmeyer P.C. - San Antonio, TX