Colorado – HB18-1289: Exempt Local Government School Districts Forced Pooling

Colorado - HB18-1289: Exempt Local Government School Districts Forced Pooling
Concerning an exemption from forced pooling of certain governmental entities that own mineral rights.
SESSION: 

2018 Regular Session
SUBJECTS: 

Energy
Natural Resources & Environment

Current law authorizes ‘forced’ or ‘statutory’ pooling, a process by which any interested person–typically an oil and gas operator–may apply to the Colorado oil and gas conservation commission for an order to pool and develop oil and gas resources located within a particularly identified drilling unit absent consent from the mineral owner. The bill exempts local governments and school districts that own mineral rights from being forced pooled but maintains their ability to engage in voluntary pooling.
(Note: This summary applies to this bill as introduced.)

SOURCE: http://leg.colorado.gov/bills/HB18-1289

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