This form is used when the Operator desires to amend the Designation of Pooled Unit, as permitted by the terms of the Leases included in the Unit, to (increase/reduce) the size of the Unit so that, on the Effective Date of this Amendment, the Unit will consist of a specific number of acres of land, which lands are to be depicted on a plat attached to this Amendment.
Montana Amendment to Pooled Unit Designation
State:
Multi-State
Control #:
US-OG-365
Format:
Word;
Rich Text
Instant download
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How to fill out Amendment To Pooled Unit Designation?
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FAQ
In its essence, forced pooling is the taking of private property (also known as private eminent domain) that also forces the impacts of drilling onto landowners. Pooled landowners face toxic air emissions, risks of water pollution and other environmental impacts related to drilling.
Forced pooling allows the Board of Oil and Gas to issue orders that require owners of separately owned tracts within a spaced drilling unit to pool their interests in the underlying deposit and operate as a unit.
When pooling occurs, tracts from two or more leases are combined or pooled for the drilling of the well. The production and operations on the pooled unit are treated as having taken place on each tract within the pooled unit. As a result, the production on the pooled unit will maintain the leases comprising the unit.
State regulations The Montana Board of Oil and Gas Conservation within the Montana Department of Natural Resources and Conservation is responsible for regulating fracking in Montana. The board enforces regulations on the following: Well construction, casing, and cementing. Protection of underground and surface water.