Energy Industry (Oil & Gas)/Unitization and Pooling

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GaryB wrote at 2015-10-15 18:12:47
Dear Mr. Scott,



I am curious about your statement that in Oklahoma the "State Spacing Order" automatically pools the leased interests into a unit.  My understanding is that all the spacing order does is establish the size of a potential unit for the production of oil or gas from a particular oil or gas bearing formation, based on the number of acres that can efficiently be drained by a single well.  In my experience, there are two ways that leases can be pooled into a unit: 1) voluntary (granted in an oil & gas lease), and 2) Force Pooling.  It is the Force Pooling Order issued by the Oil & Gas Division of the Oklahoma Corporation Commission which effectively pools unleased mineral interests (or unwilling leasehold interest owners)into a drilling unit.


Energy Industry (Oil & Gas)

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Frederick M. Scott

Expertise

Oil and gas leasing, lease negotiations, how to best deal with the oil and gas companies or their representatives, buying/selling mineral rights, forced-pooling, correlative rights, deeds and conveyances, and "post-production" costs. I am most experienced with Oklahoma properties and laws, but am able to answer questions concerning other oil and gas producing states in many cases.

Experience

I am a Certified Professional Mineral Manager (CMM) certified by the National Association of Royalty Owners (NARO) in Tulsa, OK. I am also a Registered Professional Landman (RPL) with the American Association of Professional Landmen (AAPL). I have managed my family's oil and gas properties in Oklahoma for over 10 years and have dealt with many landmen, title analysts, attorneys and other oil and gas professionals in the process. I have written articles of interest to mineral rights owners which have appeared in various industry magazines and newsletters. I have negotiated and drafted leases, prepared deeds, affidavits, and other legal instruments relating to my own minerals, as well as performed title, legal research, and curative work for same. I have acquired a good deal of knowledge on the subjects of oil and gas law, mineral appraisal, and land and title work over the past ten years, and have also worked as a professional landman. I've seen the business from "both sides" and therefore feel confident I can help out most of the folks who ask questions in this forum.

Publications
National Association of Royalty Owners "Action Report" (ROAR); NADOA Magazine, The Mineral Hub, Landman Magazine, and several royalty owner association group's newsletters.

Education/Credentials
Certified Mineral Manager (CMM), Registered Professional Landman (RPL)

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