Does Oklahoma use a risk penalty approach to non-consenting mineral rights owners in forced pooling? Thank you.
No; the mineral owner or nonconsenting lessee is typically given an option to a) participate, b) lose/transfer their interest for a lower bonus, but higher royalty, or c) a higher bonus and lesser royalty. It does not have a risk-penalty approach like New Mexico or North Dakota.
There’s also a risk penalty in Texas when MIPA is involved.
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