Texas Pooling and Allocation
Pooling, MIPA, and Allocation/PSA Wells
In Texas, the mechanisms surrounding oil and gas pooling and allocation have long been areas of interest and debate. One case stands out: RRC/Magnolia v. Opiela. It sheds light on vital issues, such as the nuanced challenges related to the 65% threshold for Production Sharing Agreements and the intricacies of pooling authority.
This document offers a comprehensive overview of the topic, capturing the essentials of Pooling in Texas, with particular emphasis on Pooling, MIPA, and Allocation/PSA Wells.
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