Mary C
  • Keithville, Louisiana
  • United States
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Mary C's Discussions

Gloster Louisiana
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Started this discussion. Last reply by danny meyers Oct 8, 2008.

 

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At 10:35 on September 14, 2009, Bobi Carr ("parker") said…
Hi Mary,

Force pooling is just a way to account for all of the mineral owners within a "unit". If you are leased you will be paid royalties from a well that produces in the unit. If you are not leased you will be paid your pro-rata share of the proceeds from the well after expenses. Several of the experts have stated that if you are unleased you will need to keep a closer eye on the company to make sure that the items they are claiming as expenses are valid.

I hope this helps.

GOOD LUCK!

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