I have done an extensive amount of research on oil and gas leases lately. I don’t see much in terms of voluntary, statutory, compulsory, or force pooling.
I have found lots of information on negotiating a lease, articles that basically state negotiating a lease is your only option, and many articles that state it is in both your interest and the oil/gas companies interest to sign a lease.
I find it hard to believe that in every circumstance it is in both parties interest to sign a lease.
In my circumstance there are two wells that have been drilled and shut-in. The oil company is now looking to get leases signed that are not already signed before putting the wells into production.
If the oil/gas company has already completed the wells, and they are looking to put them into production; is there a chance you could see larger gains from owning a portion of the mineral rights to the wells rather than signing a contract that would minimize your mineral rights.
Long story short, I am located in Texas and have less than 5% of the mineral rights for the unit.