Hilcorp Drops Forced Pooling Request in W PA

| | | | |

On a day filled with big news, here’s even more big news: Last Friday Hilcorp announced they would withdraw their request for forced pooling for several properties in Lawrence County, PA. As MDN has reported a number of times, this issue has now gone on for years. As we’ve also told you, PA law allows Utica wells to be pooled under a 1961 law (below a certain depth), but Marcellus wells cannot be pooled. Just last week the state Dept. of Environmental Protection rescheduled new hearing dates–for the 4th time! (see PA DEP Rescedules Hilcorp Forced Pooling Hearing 4th Time). Now it’s a moot point. Here’s the kicker: the three families with a combined 35 acres that didn’t want to lease won’t see a penny from Hilcorp, while their neighbors will rake in the big bucks. All of the same truck traffic, etc. will still happen for the obtuse people who didn’t want to sign–except now they get all of the headaches and none of the benefits. Sounds like a real “win” to us!…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.