Signing Lease or Force Pooling?

General Mineral Rights Discussion
1

Hello,

I was curious to the rules involved with state when owners are forced pooled? I am new to this process and do not want to pay a lawyer to keep me in the dark. Received a lease proposal, but have not found any credible answers as to how I could negotiate if the drilling company decides to force pool my interests. I obviously lose out on signing bonus if I get force pooled. Any ideas from newer mineral owners that have experienced similar? Thanks!

2

I think you need to specify the state. In Oklahoma you would receive a bonus if pooled.

3

Chris,

You have many options depending on what you want from your minerals and the location of the minerals. Before making any business decisions, get a good idea of the geologic potential of the parcel you are taking about.

Gary L Hutchinson

Minerals Managment