MRP 8: Forced Pooling - What Are Your Options?
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
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.
More 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.
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