All Discussions Tagged 'Pooling' - GoMarcellusShale.com2024-03-29T09:02:21Zhttps://gomarcellusshale.com/forum/topic/listForTag?tag=Pooling&feed=yes&xn_auth=noWV is at it again. Forced Poolingtag:gomarcellusshale.com,2018-02-04:2274639:Topic:7719822018-02-04T11:41:55.697Zsallyhttps://gomarcellusshale.com/profile/sally
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<div class="asset-masthead"><h1 class="headline"><span>Dwayne O'Dell: Don't give away the farm (Daily Mail</span></h1>
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<p>West Virginia stands on the verge of an expected new boom in the oil and natural gas industry that could bring much-needed economic development to the state.</p>
<p>The West Virginia Farm Bureau welcomes that development, as long as it does not come at the expense of private property rights.</p>
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<p>However, we worry that some legislators seem to believe the only way to provide for West Virginia’s future is by allowing oil and gas developers to take private property rights unfettered. In other words, they would give away the farm while pumping out millions, if not billions, of dollars to out-of-state corporations.</p>
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<p>The Farm Bureau believes that West Virginia law should protect the private property rights of mineral owners, farmers and rural residents while also providing oil and gas companies with a reasonable platform to succeed.</p>
<p>That can be done, even though the lawyers and lobbyists hired by oil and gas companies for years have flooded the Capitol to tell legislators that West Virginia has “bad” laws and business climate.</p>
<p>To the contrary, a study released recently by the <a href="https://www.fraserinstitute.org/sites/default/files/global-petroleum-survey-2017.pdf" target="_blank" rel="noopener">Fraser Institute</a> says otherwise. It’s based on data from more than 300 petroleum industry executives and managers and ranks West Virginia No. 5 in overall investment business climate for oil and gas development in the entire world. That study ranks Pennsylvania No. 32 and Ohio No. 54.</p>
<p>During its 2018 session, the West Virginia Legislature can protect that high ranking and build on it by passing balanced legislation. That legislation would protect private property rights, modernize lease opportunities and fix unfair and oppressive practices, such as deductions for post-production expenses.</p>
<p>In the early 1990s, West Virginia legislators recognized that some of the oil and gas companies’ practices were an impediment to development. They put into place West Virginia Code 22-6-8(2) to address problems with flat rate lease practices. As that code states, “wholly inadequate compensation is unfair, oppressive, and works an unjust hardship on the owners of the oil and gas in place, and unreasonably deprives the economy of the State of West Virginia of the just benefit of the natural wealth of this state.”</p>
<p>What made sense then still makes sense now. Nevertheless, in the past two legislative sessions, a number of industry-written bills, such as last year’s <a href="http://www.wvlegislature.gov/Bill_Text_HTML/2017_SESSIONS/RS/bills/SB576%20SUB1.pdf" target="_blank" rel="noopener">Senate Bill 576</a>, came up that would have subsidized corporate interests by taking wealth from mineral owners and landowners.</p>
<p>Instead of such unfair and oppressive legislation, the Farm Bureau urges Gov. Jim Justice and legislators to pass responsible legislation. That legislation should:</p>
<p>Update co-tenancy laws, including due process for minority co-tenants with protection for farmers and surface owners.</p>
<p>Address “at the well head” language to fix the post-production expense issue.</p>
<p>Provide for modernization of old leases due to horizontal drilling technology. Old leases put into place in the late 1800s and early 1900s had no vision of current modern drilling practices.</p>
<p>In addressing the old flat rate lease issue, past legislators stated in West Virginia Code 22-6-8(3) that many leases “have been in existence for a great many years and were entered into at a time when the techniques by which oil/gas are currently extracted, produced, or marketed, were not known or contemplated by the parties.” This statement still rings true in 2018.</p>
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<p>Many West Virginians regret that the state did not pass balanced and fair laws governing coal mining when that industry was in its heyday. Many out-of-state coal interests made a lot of money at the expense of West Virginians’ welfare and the environment.</p>
<p>Let’s not make the same mistake with the oil and gas industry. What we do with this issue will be a generational decision that will affect our state for years.</p>
<p>The oil and gas industry should not be promoted on the backs of property owners, farmers, mineral owners and all other citizens of West Virginia. We strongly support reasonable oil and gas development to help provide West Virginians with jobs and other opportunities.</p>
<p>Another recent study, known as the <a href="https://wvforward.wvu.edu/files/d/e4a11f26-158d-4a91-92f3-563bfd66b1d7/west-virginia-forward-summary-of-findings.pdf" target="_blank" rel="noopener">McKinsey Report</a>, identifies agriculture as an existing industry that West Virginia should maintain and support.</p>
<p>We agree. Let’s take some of the gas severance tax money and invest in the agriculture and forestry enterprises. These land-based businesses generate almost $4 billion in economic activity annually.</p>
<p>The West Virginia Farm Bureau wants to help move West Virginia forward, but we cannot support giving away the farm to enrich the few.</p>
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<div class="asset-tagline text-muted"><p>Dwayne O’Dell is a farmer from Roane County and director of Governmental Affairs for the <a href="https://www.wvfarm.org/" target="_blank" rel="noopener">West Virginia Farm Bureau</a>.</p>
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</div> Different Pooling per Shale Layer Tioga County PAtag:gomarcellusshale.com,2014-12-05:2274639:Topic:6450822014-12-05T19:55:27.579ZDavidhttps://gomarcellusshale.com/profile/David438
<p>Just received notice from SWEPI that they may add two wells to Delaney pad (currently five into marcellus). The initial paperwork (my understanding) has the well depths at aprox 12,500 ft. into the utica/trenton formation. The lines on the paperwork seem to indicate different pooling from the first marcellus maps. Question is can we have different pooling per formation? Kinda makes sense if different directions are needed at different layers. Any thoughts and thank you's in advance for…</p>
<p>Just received notice from SWEPI that they may add two wells to Delaney pad (currently five into marcellus). The initial paperwork (my understanding) has the well depths at aprox 12,500 ft. into the utica/trenton formation. The lines on the paperwork seem to indicate different pooling from the first marcellus maps. Question is can we have different pooling per formation? Kinda makes sense if different directions are needed at different layers. Any thoughts and thank you's in advance for any info.</p> Gas well pooling provision mystifies PA state lawmakerstag:gomarcellusshale.com,2013-07-04:2274639:Topic:4685562013-07-04T06:28:00.711ZRobert Goodfellowhttps://gomarcellusshale.com/profile/RobertGoodfellow
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<p><br></br><span style="font-size: 90%; font-weight: bold; margin-top: 10px;">By <a href="mailto:tpuko@tribweb.com?subject=RE:%20Gas%20well%20pooling%20provision%20mystifies%20state%20lawmakers%20story%20on%20TribLIVE.com">Timothy Puko</a></span> <br></br><br></br> <small><strong>Published:</strong> Thursday, July 4, 2013,…</small></p>
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<p><br/><span style="font-size: 90%; font-weight: bold; margin-top: 10px;">By <a href="mailto:tpuko@tribweb.com?subject=RE:%20Gas%20well%20pooling%20provision%20mystifies%20state%20lawmakers%20story%20on%20TribLIVE.com">Timothy Puko</a></span> <br/><br/> <small><strong>Published:</strong> Thursday, July 4, 2013, 12:01 a.m.<br/></small> <span style="color: grey; font-size: 75%; font-style: italic;">Updated 2 hours ago</span> <br/></p>
<p class="News-body-text">The state House member who sponsored amendments that would make it easier for energy companies in Pennsylvania to combine land leased for gas drilling said on Wednesday that he did not know who wrote the provision or where the idea came from.</p>
<p class="News-body-text">The General Assembly passed a bill last weekend that would empower drilling companies to combine leased land into larger drilling units as long as the contracts don't prohibit it. The bill would likely have its biggest effect in Western Pennsylvania, where many people hold old oil and gas leases that don't mention pooling. For that small set of landowners, it could undercut the power to renegotiate when drillers need to assemble large tracts for modern, horizontal shale drilling, experts and critics have said.</p>
<p class="News-body-text">Legislators said discussions about the problem started months ago, but Rep. Garth Everett, R-Lycoming County, said he could not remember who pointed out the problem or suggested this solution. Everett introduced it in his bill in May, and then again June 25 to amend a sister bill sponsored by Sen. Gene Yaw, R-Williamsport. Yaw's bill passed both houses. Their staff members collaborated to write it, Everett said.</p>
<p class="News-body-text">“I'm serious. I don't know who exactly proposed (that amendment). We had a lot of proposals going into the bill,” Everett said. “Legislation is brought to us by staff. I send them ideas, and they put them into a form of legislation and come back. Where the idea came from, who proposed this ... section, I don't know who that individual was.”</p>
<p class="News-body-text">Everett did remember a lobbyist from EQT Corp. had stopped him in a Capitol hallway to encourage the bill's passage. That's so common in Harrisburg that he could not remember other specific people from interest groups who had talked to him, he said.</p>
<p class="News-body-text">Landowners advocates have criticized not only the effect of the provision but the way it passed. It is two sentences in a five-page bill drafted primarily to get better information to royalty recipients.</p>
<p class="News-body-text">Both houses also passed it in less than a week, while most media attention stayed focused on the June 30 budget deadline and failed efforts to pass big-ticket bills on transportation, liquor sales and health care.</p>
<p class="News-body-text">“By calling this a royalty owners bill and then throwing this forced pooling provision into it, it's really ridiculous,” said Robert Burnett, an attorney at Houston Harbaugh P.C., Downtown, who represents landowners. “It's a Trojan horse.”</p>
<p class="News-body-text">Gov. Tom Corbett has 10 days to sign the bill. He is evaluating it and doesn't have plans to sign it this week, a spokesman said.</p>
<p class="News-body-text">Corbett's energy adviser, Patrick Henderson, has spoken in support of the bill. He and other supporters have tried to distinguish it from the type of forced pooling common in other states that has often met fiery opposition in Pennsylvania. This would pool only land with leases that approve gas drilling, though they have not approved combining their lands with other plots.</p>
<p class="News-body-text">“I was sort of ambivalent about (it), but I didn't see that it compromised anybody,” Everett said of his initial reaction to the provision. “I am a supporter of gas development in Pennsylvania, so if it facilitates development without hurting anybody, I'm fine with it.”</p>
<p class="News-body-text">Everett named Michael Killion as the EQT lobbyist who had encouraged the bill. Reached by phone Wednesday afternoon, Killion said he would call “right back” to talk about the bill. He did not, nor did he answer calls and voice mails later in the day. Several other EQT officials have not responded to requests for comment.</p>
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