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Railroad Commission ruling forces unleased land owners into drilling unit

The Texas Railroad Commission has issued a ruling allowing more than two dozen east Fort Worth landowners who didn’t sign a mineral rights lease to be forcibly included in a drilling plan, a move that gives producers added leverage against leasing holdouts. It is the first time the commission, which regulates the oil and gas industry in the state, has used a 1965 law to take such action, called a force pooling, against small land owners.  For more please click here to visit the story.

Posted on Thursday, November 13, 2008 at 04:59PM by Registered CommenterBill Sinclair in , | CommentsPost a Comment
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