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Permalink Reply by adubu on July 10, 2012 at 12:22

C-- I would if all possible add one clause to agreement that is if any of you acres are in the unit then all you 126 acres must be in the expanded unit so they just don't cut you up and leave you other acres out for ever and ever. They need the PSA to make long H/S laterals of 4-7,000 feet or more. 

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Permalink Reply by adubu on July 10, 2012 at 10:21

Krkyoldhag--- did you try to renegotiate anything with them on your PSA?

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Permalink Reply by robert minton on July 10, 2012 at 13:54

would mean more fracture points, which translates t o  enhanced production volume.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

w

would rather have horizontal cv well. appears to be liquids (ngls) in cv. RRC of texas takes ;position that pooling clause of most leases ;permit formation of large units, if perm itted by rules of RRC. Consent not generaLLY required. However, if you have an older leaSE, you may be in the driver's seat aFTER all.

 

 

 

 

 

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Permalink Reply by Caddo Rat on July 10, 2012 at 10:14

See a good attorney on this one.

 

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