Oklahoma Provisions That May Be Added to A Pooling Or Unit Designation
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FAQ
Oklahoma's forced pooling process benefits operators, working interest partners, and mineral interest owners.
Forced pooling causes the proposed operator to search records in the county and other sources to determine all persons with the right to drill and locate them with their correct addresses.
In a few words, a pooling clause is written into a lease. This oil and gas clause allows the leased premises to be combined with other lands to form a single drilling unit. It's not uncommon for there to be a pool of oil or gas under numerous parcels of land.
The forced pooling process contains three key parts: the Notice, the Hearing and the Order. Any party that owns a right to drill within a unit can bring an application for forced pooling before the Oklahoma Corporation Commission (OCC). The Notice sets forth several pieces of valuable information.
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.
A statutory pooling order will set the terms for sharing of costs and revenues from the well. The mineral owner may choose to pay in advance his or her share of costs of the well, or to have those costs deducted from his or her share of revenues.
