Does anyone have some guidance on understanding how EQT determines what specific acres make up an allocation area for a well?
I own some acreage in Whiteley Twp / Greene Cty PA and have been placed in an allocation area for a well where the lateral runs in the complete opposite direction of my acreage. Not even close to my land. Puzzling.
If they put you in a unit that already has laterals drilled then you will be getting royalties once the well goes into production. Which should be sooner rather than later.
They only include acreage in an AA if they have to, because that is the acreage they have to pay on. Either you're part of a larger lease with language requiring its inclusion, or near the pad site. AAs must be declared and recorded, so you should be able to find this document very easily.