Overview of Texas' Mineral
Interest Pooling Act
DO YOU REALLY THINK THERE IS NO FORCED POOLING IN TEXAS?
The accepted general wisdom is that there is no forced pooling in Texas, but this couldn't be further from the truth. The Mineral Interest Pooling Act, or MIPA as it's known, was designed to encourage if not practically force voluntary pooling. When that fails, the legislation provides a mechanism for both small interest owners to 'muscle-in' to adjacent units or operators to drag hold-out mineral owners into a planned unit development.
Learn more about forced pooling in Texas by downloading this HELG paper.
ABOUT HOLLIDAY ENERGY LAW GROUP
At Holliday Energy Law Group, our core purpose is to create massive, outsized value but what does that mean? Value is defined as, “the importance, worth, or usefulness of something.” We not only strive to create massive value in everything we do, but we want to create massive, outsized value in ways that make us indispensable to our clients, partners and team members. We do this by sharing our knowledge and expertise.