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Board approves pooling under Oakwood 2 for Unit H36; unleased acres total 0.843 (1.0538%)
5324594 · April 15, 2025
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Summary
Pocahontas Gas LLC’s pooling petition for Oakwood Methane Gas Field 2 Unit H36 (80 acres) was approved; the filing shows 0.843 unleased acres (1.0538%), applicant proposed 12.5% royalty and $5-per-acre 10-year paid-up lease for deemed leased interests.
The Virginia Gas and Oil Board on April 15 approved Pocahontas Gas LLC’s petition to pool Unit H36 under the Oakwood Methane Gas Field 2 rules. The applicant said the unit previously had orders under Oakwood 1 but that those wells were plugged and abandoned by the prior operator, Appalachian Energy.
Applica…
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