Ohio HB 152 Forced Pooling Bill Disadvantages Unleased Landowners

Gateway Royalty is sounding the alarm over a new bill that's quickly advancing in the Ohio legislature. Ohio's House Bill (HB) 152 allows drillers to force-pool landowners if 65% of a drilling unit is signed to a lease--a pretty low bar if you ask us. But that's not even the worst part. The reluctant landowner would receive a standard 12.5% royalty, no matter what the royalty is for the rest of the leases in the unit, AND post-production deductions would be taken out. Landowners could realistically see a 6.25% royalty...or less! It's time to burn up the phone lines to either get this bill changed, or defeated.

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