There’s Another Side On Pooling
March 8, 2015 | The Intelligencer / Wheeling News-Register
I write in support of legislation - House Bill 2688 - working its way through the legislative process in Charleston that would expand West Virginia's pooling statute to include Marcellus gas wells.
My family has the opportunity to benefit from natural gas development, as do many of our neighbors. While I understand that some consider pooling an erosion of personal property rights, I believe that argument cuts both ways.
You see, I know of people
that are unable to take advantage of their mineral assets because of a minority of people that do not want development a mile or more under their property. That impacts those individuals' rights and ability to do as they want with their minerals.
As I understand it, 80 percent of mineral owners within a drilling unit must agree to lease their mineral assets before a company could implement the pooling process. This is one of the highest thresholds in the country.
As the saying goes, a rising tide lifts all ships. As gas development continues to flourish, Ohio County, the panhandle and the entire state will benefit. This bill will help us realize the full potential of natural gas development.
I encourage your support of fair pooling legislation.