NEW DECLARATION OF POOLING & UNITIZATION on an old clinton well

I was doing some research on my property and recently   under the "title" lease,  was a NEW DECLARATION OF POOLING & UNITIZATION filed,  being I'm in Columbiana county I just cant pull up this document online, 4pgs recorded.    This property is HBP from an existing well from 1986,   the unit filed in 1986 shows 40 acres as required.  The parcel numbers are still the 40 acres in the unit.   It is an enevest/ belden & blake well,  I declined to sign the lease assignment awhile ago, but that shouldnt mean anything

    So any ideas why this would have been filed???

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Permalink Reply by JR on March 9, 2012 at 3:59am

Randell Oil out of Wooster.  I don't live locally where I can get to recorders office to monitor, but ODNR says they still own the well our unit is in...

Permalink Reply by john goodday on March 9, 2012 at 5:58am

How can unit declarations or pooling maps be viewed on the ODNR website?

Permalink Reply by Buz on April 27, 2012 at 3:31am

If they want to make a 1280 unit can you renegotiate lease?

Permalink Reply by Jimmy Wilson on April 29, 2012 at 1:08am

Rediculous..... anyone out there with existing HBP wells better understand every sentence in that old lease and KNOW YOUR RIGHTS.

Unitization and acreage restrictions are killers for the O&G company, stand your ground, they literally can't do a thing until you sign.

I have a read on here hold out for a little more royalty..... HUH ?

Chesapeake and Enervest assign your ground for 15,000 an acre in the good areas and you want a little more royalty, How bout a new lease, how bout half of what they assigned it for up front ?

Last time I checked it was MY oil and gas.

 

Have the courage folks to watch them walk away, tell the land man, you treat me fairly or get the hell out of here... somebody needs to stand up for the little guys getting strong armed by these guys.

Someone is going to fight this whole notion of HBP on the basis of spirit and intent at the time of signing... and I personally think an argument could be made and WON on many of these late 70's and early 80's clinton sand leases.

 

 

Permalink Reply by Knows-a-little on April 29, 2012 at 1:33am
Many of these "HBP", Clinton well properties had a document included in the record of drilling, showing a "leased to limit" usually either a geological formation or the center of the earth! Some were never intended to be held deeper than the Queenston...
Permalink Reply by Finnbear on April 29, 2012 at 6:46am

Can you show us an example of such a document. I will agree that a very, very few older leases may have granted limited access but in no way can I agree that "many" were structured as such.

Permalink Reply by Knows-a-little on April 29, 2012 at 8:20am
I have 1 on mine and I can't believe it is the only one...I only have it because when we bought the well, it was included with the 6 inch thick drillers packet...it is not attached to the lease! If I can take a pic and upload it I will. May take a bit.
Permalink Reply by Robin Hood on April 29, 2012 at 10:02am

If you can wait, do it, the current price of gas(approx. $2.00 per million btus) with a 1/8 royalty, means your getting somewhere between 13cents and 25 cents per million Btu's. In the last several years this would have been as high a dollar. The current price is not going to stay there. New England is talking of a pipeline, Industry will all convert to the cheaper fuel, then as infrastructure is completed with the pipelines, the price will rise.  All those who held off will be able make demands that will be accepted.

Hang in there.

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