Law360, New York (May 11, 2017, 11:06 AM EDT) -- Recently, there has been significant media attention given to the idea of the forced pooling of oil and gas interests. Current legislation pending in the Colorado legislature could alter the forced pooling rules in that state, and bills have been introduced in West Virginia and other states relating to the states' pooling rules.
Despite this attention, many people do not understand the concept of pooling or why it is important to oil and gas development.
At its most basic, pooling in the oil and gas context is the joining together or combination of separately owned tracts or portions of tracts to...
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