ODNR Drops “Market Enhancement” Clauses From its Forced Pooling Orders
Gateway Royalty applauds the ODNR for eliminating the “market enhancement” clauses from recently issued forced pooling orders.
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Gateway Royalty applauds the ODNR for eliminating the “market enhancement” clauses from recently issued forced pooling orders.
Gateway Royalty wants to know how and why market enhancement clauses were inserted into the ODNR unitization orders.
The hearing is set for Thursday, June 24, 2021, at 10:00 AM.
Ohio’s sponsors of H.B. No. 152 have put forward a substitute bill that requires the royalties to be paid on the gross proceeds of the sale of the oil and gas.
H.B. No. 152, if enacted, would fundamentally alter an unleased mineral owner’s options in ways that would greatly benefit the Unit Operator to the detriment of the mineral owner.
Here’s how the previous year shifted the oil & gas landscape, and what you can expect to see in the months ahead
Here’s a look at oil and natural gas operators move from permits to production.