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MRP 8: Forced Pooling - What Are Your Options?
Episode 8
Published 7 years, 9 months ago
Description
In Episode 8, we talk about forced pooling and expand on the concept of non-operated Working Interests as covered in Episode 7. We highlight the typical options that a mineral owner is faced with when they receive a forced pooling notice and election letter in the mail. This includes:
- Participating in the well (covered in more detail in Episode 7)
- Leasing
- Making an affirmative election to "non-consent" to the well
- Getting Forced Pooled
Examples discussed are specific to Colorado but many states have similar requirements. Check with your state's oil and gas commission for more information.