United States:
The Oil And Gas Industry In Pennsylvania: The State Of Compulsory Integration
21 November 2014
Reed Smith
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This entry is a link to an article written by
Michael Joy,
Robert Jochen and
Steven Chadwick
In an article titled"The State of Compulsory Integration in
Pennsylvania" that appears in The Legal
Intelligencer, Michael Joy, Robert Jochen and Steven
Chadwick of our Pittsburgh office review the challenges oil
and natural gas developers face in Pennsylvania.
The authors argue that an established compulsory integration
process will benefit the industry by providing a predictable
permitting process and will increase opportunities for smaller
operators. Costs of production will also be lower due to a
reduction in the number of wells necessary to tap oil and gas
formations. They believe that the state, its residents and the oil
and gas companies operating in Pennsylvania will be best served by
revisiting and revising the state's outdated laws on pooling
and unitization.
This article is presented for informational purposes only
and is not intended to constitute legal advice.
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