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[ARCHIVED THREAD] - Oil patch guys....

Posted: 7/16/2006 1:07:58 PM EDT

I know some of you here can answer this for me, so here goes. What is the difference in "Unit", and "rule 37" wells. I know it has something to do with the location of property lines and the pool, but exactly what? Thanks... fullclip

Posted: 7/16/2006 1:23:01 PM EDT

[#1]

never hear that uphere, I would hazzard a guess it has something to do with your oil rights being privately owned, up here it is communist

Posted: 7/16/2006 3:04:48 PM EDT

[#2]

Google says that Rule 37 has to do with the spacing of oil wells,

Wikipedia - The rule governing the spacing of wells over the oil field, known as “Rule 37”, generated a large amount of litigation among many competing landowners are potential drillers, the Texas Legislature had developed a special system of judicial review for such cases. Commission orders could be appealed to the state district court in Travis County, Texas, and could then be reviewed by the Texas Court of Civil Appeals, and then to the Texas Supreme Court, which had final authority over questions of state law.

Unit appear to refer to a 10 acre section of land, divided into quarters.

[ARCHIVED THREAD] - Oil patch guys....

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[ARCHIVED THREAD] - Oil patch guys....

[ARCHIVED THREAD] - Oil patch guys....