Proration Units &
Retained Acreage
WHAT IS A PRORATION UNIT AND WHY SHOULD YOU CARE?
If the answer to either of these questions is "I don't know" then this paper is for you. With retained acreage in many instances tied to the size of a producing well's proration unit, it's important to know not just what a proration unit is, but how they are formed, how many acres they constitute, and how you can research these matters on your own.
Download this HELG paper to learn more.
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.