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Permalink Reply by Nancy Mosley on July 26, 2013 at 9:21am

What state?

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Permalink Reply by angela on July 26, 2013 at 1:28pm

Ohio-specifically eastern portage county(and of course that should have said "forced pooling!")

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Permalink Reply by Sam Moore on August 8, 2013 at 4:15am

Angela,  You may want to look at this discussion as it has some good info on forced pooling.

http://gomarcellusshale.com/forum/topics/forced-pooling-in-ohio

In short you would get 12.5% to 15% royalty until the well had payed back the driller 150% to 300% of their cost then you would get 100% after expenses.  Some have even been given signing bonuses.  I would always recommend people to sign a fair lease but forced pooling is not a bad thing for the landowner if the company is not being fair.  In the end you stand to make a lot more being forced pooled than you do if signing a bad lease.

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Permalink Reply by Nicholas Santillo on August 8, 2013 at 6:35am

Forced pooling is not the issue.

The issue is the old leases with a shallow well in production do not include "all strata at all depths".

Energy companies have been including this language in unitization and pooling clauses to the old leases.

I suspect they got it all in the new pooling laws and that is what they were really after!

 

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