Last edited by Tojashicage
Tuesday, July 28, 2020 | History

2 edition of law of pooling and unitization. found in the catalog.

law of pooling and unitization.

Bruce M. Kramer

law of pooling and unitization.

by Bruce M. Kramer

  • 261 Want to read
  • 17 Currently reading

Published by M. Bender in New York, N.Y .
Written in English

    Places:
  • United States.
    • Subjects:
    • Unit operation of oil fields -- Law and legislation -- United States.

    • Edition Notes

      Other titlesPooling and unitization., Law of pooling and unitization--voluntary, compulsory.
      ContributionsMartin, Patrick H., Myers, Raymond M.
      Classifications
      LC ClassificationsKF1853 .M9 1967
      The Physical Object
      Pagination5 v. (loose-leaf) :
      ID Numbers
      Open LibraryOL5598618M
      LC Control Number68004550

      Thirty-eight states have some form of forced pooling law. The specific provisions vary from state to state, but drillers can generally extract minerals from a large area or "pool" -- in most states a minimum of acres -- if leases have been negotiated for a certain percentage of that land. Despite sixteen years of production, preceded by several years of initial field development, no pooling or unitization has yet taken place there.1 Indeed, it is only in recent years that references to unitization of geothermal resources2 appear in the small but expanding literature concerning the law applicable to geothermal resources.3 The.

      Pooling, Unitization and Communitization can be defined as combining or merging of leases or other interest to erase boundary lines between leases. Pooling is the combining royalty interest in a proration unit Proration unit – spacing set by governmental authority for allowable and conservation purposes. unitization clause as I would the terms pooling and unitization, namely that a Because most pooling clauses, as well as the common law of pooling, would allow the entire lease to be held by production or other activities or operations on pooled-unit .

      The terms "pooling" and "unitization" have tended to become words of special meaning, though the legal consequences are essentially the same, subject, of course, to the special contents of statutes which do somewhat vary the procedures and consequences of compulsory pooling from those in compulsory unitizations. 5 See Bruce M Kramer and Patrick H Martin, The Law of Pooling and Unitization, s at 2–11, 2–15; see also Northcutt Ely, ‘The Conservation of Oil’ [] 51 Harv L Rev , –; Robert E. Hardwicke, ‘The Rule of Capture and Its Implications as Applied to Oil and Gas’ [] 13 Tex L Rev , –; Stewart E.


Share this book
You might also like
Planetfall

Planetfall

Instructors Test Manual T/A Business Mathematics 5/E

Instructors Test Manual T/A Business Mathematics 5/E

Refrigeration and air-conditioning mechanic.

Refrigeration and air-conditioning mechanic.

Egon Ronays Raleigh pub guide 1981

Egon Ronays Raleigh pub guide 1981

Financial audit

Financial audit

Jasmines first horse show

Jasmines first horse show

Rhymes of Childhood

Rhymes of Childhood

A Childs Simple Guide Through Grief

A Childs Simple Guide Through Grief

Native Americans

Native Americans

On the culture and commerce of cotton in India and elsewhere

On the culture and commerce of cotton in India and elsewhere

Providing for the establishment of the Select Committee on Narcotics Abuse and Control

Providing for the establishment of the Select Committee on Narcotics Abuse and Control

The Norman Conquest

The Norman Conquest

celebration of the eighty-third anniversary of the Declaration of American Independence, by the Banneker Institute, Philadelphia, July 4th, 1859.

celebration of the eighty-third anniversary of the Declaration of American Independence, by the Banneker Institute, Philadelphia, July 4th, 1859.

Childrens Home & Orphanage

Childrens Home & Orphanage

Physiological responses associated with body weight loss in endurance race walking

Physiological responses associated with body weight loss in endurance race walking

Law of pooling and unitization by Bruce M. Kramer Download PDF EPUB FB2

@article{osti_, title = {Oil and gas law. Volume 6. Pooling and unitization}, author = {Williams, H.R. and Meyers, C.J.}, abstractNote = {Pooling and unitization (of reservoirs) are forms of cooperative endeavors with the objective law of pooling and unitization. book efficient development of oil and gas reservoirs.

After a separate treatment of pooling and unitization, this volume covers: provisions of pooling. The Law of Pooling and Unitization: Voluntary-Compulsory [Myers, Raymond M.] on *FREE* shipping on qualifying offers.

The Law of Pooling and Unitization: Voluntary-CompulsoryAuthor: Raymond M. Myers. Additional Physical Format: Online version: Kramer, Bruce M. Law of pooling and unitization.

New York, N.Y.: M. Bender, (OCoLC) Document Type. Additional Physical Format: Online version: Myers, Raymond M. Law of pooling and unitization. Albany, N.Y.: Banks and Co., (OCoLC) Document Type. The Law of Pooling and Unitization This treatise examines the laws and customs relating to the pooling and unitization of oil and gas properties; includes state statutes.

by Bruce M. Kramer (Author), Patrick H. Martin (Author). The Law of Pooling and Unitization, Volume 2 Bruce M. Kramer, Raymond M. Myers, Patrick H. Martin Snippet view - The Law of Pooling and Unitization, Volume 3. Pooling and Unitization, Generally.

To “pool” [the verb] is to combine multiples into a common entity or fund. In an unfortunate and confusing coincidence, a “pool” [the noun] is an accumulation of a liquid, including oil.

As in other specialized areas of law, common terms can have special meanings – so-called “terms of art.”. Section of The Law of Pooling and Unitization, Bruce M. Kramer and Patrick H. Martin) provides a good summary of the effects of pooling and unitization on an oil and gas lease that is included in a unitized area (as summarized in Southland Royalty Co.

Humble Oil & Ref. Co., Tex.Compulsory pooling and unitization statutes have to be within the police power and should not violate due process requirements. Operations incident to the drilling of a well upon any portion of a unit covered by a pooling order is deemed to be the conduct of such operations upon each separately owned tract in the unit by the several owners.

Pooling and Unitization, Generally. To “pool” [the verb] is to combine multiples into a common entity or fund. In an unfortunate and confusing coincidence, a “pool” [the noun] is an accumulation of a liquid, including oil.

As in other specialized areas of law, common terms can have special meanings – so-called “terms of art.”. state’s pooling law. “Unitization” is the means by which the ownership interests in a drilling unit share the revenues of drilling, with each owner’s share usually based on the percentage of the drilling unit’s surface area that he or she owns.2 The states began to enact pooling and unitization laws in the s in response to the.

Following in Professor Hemingway's footsteps and serving with Professor Anderson during his brief tenure was Professor Bruce M. Kramer, co-author of several important books that have become the definitive references for energy lawyers: The Law of Pooling and Unitization, The Law of Oil and Gas: Cases and Materials, and Williams & Meyers, Oil.

This comprehensive book addresses both the principles and the practicalities of petroleum unitization. Paul F. Worthington draws on both his extensive experience of the global petroleum industry and his insights into petroleum unitization in some 90 jurisdictions worldwide to map out the evolution of and rationale for unitization in legislation and to provide much.

The papers presented at the Special Institute on Federal Onshore Oil & Gas Pooling and Unitization are available both as a written manual (two looseleaf binders or downloadable file) and audio CD or download (See audio options in the drop-down menu).A page volume of reference materials is included.

With Summers Oil and Gas you'll have a comprehensive survey of oil and gas legal matters. This work: Compares and distinguishes oil and gas cases from every jurisdiction; Discusses the statutes and regulations governing development, production, and transportation of oil and gas, including FERC Order   Pooling and Unitization are two ideas that are often inaccurately interchanged with one another.

Let’s examine why this is the case, and what the differences really are. State law governs the acts of Unitization and Pooling and as a result there is significant variance in the practices across the country.

The terms “pooling” and “unitization” are often used interchangeably, but they have different meanings. Pooling is “the bringing together of small tracts sufficient for the granting of a well permit under applicable spacing rules,” while unitization is “the joint operation of all or some portion of a producing reservoir.”.

Pooling and unitization laws replace this common law tradition, thereby protecting the rights of landowners who are not the first to drill. Drilling Unit: A “drilling unit” is a parcel of land of a specified size and shape upon which one well may be drilled into an underground pool or reservoir.

Although pooling is not without opposition, it is important to note that pooling is not a new concept in West Virginia. Pooling and unitization provisions have been applicable to deep wells in West Virginia for many years. Similarly, when the Coalbed Methane Act was enacted in the mids, the Legislature included pooling provisions.

The first of a series that will discuss pooling, unitization and a Pugh clause. There are numerous terms and conditions listed in an oil and gas lease.

One is pooling, and it is contained in most leases. pooling and unitization and the implied duty to pool or to unitize. In addition, the more traditional legal issues relative to voluntary pooling, such as the effect of pooling provisions in leases, the utilization of sepa-rate pooling agreements, and the significance of the distinction between.This comprehensive book addresses both the principles and the practicalities of petroleum unitization.

Paul F. Worthington draws on both his extensive experience of the global petroleum industry and his insights into petroleum unitization in some 90 jurisdictions worldwide to map out the evolution of and rationale for unitization in legislation and to provide much-needed .The article discusses when and where the new unitization law applies, how to proceed under its provisions when applicable, some of the unusual features of the law,more» (63 refs) «less Compulsory pooling and unitization: state options in dealing with uncooperative owners.