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Gas and Oil Board approves Krock Energy repooling order after title review uncovers new owners
Summary
The board approved Krock Energy's repooling petition for a Nor Co gas field unit after Krock's title review added two previously unpooled owners and Krock explained operations, estimated reserves (~815.3 MMcf) and higher AF costs tied to flaring infrastructure and site purchase.
The Virginia Gas and Oil Board on Oct. 21 approved a repooling petition from Krock Energy LLC to repool a previously-ordered Nor Co coal‑bed methane unit, after the company’s title review identified previously unrecorded owners and updated escrow allocations.
Aaron Davis, Krock’s senior project engineer, told the board the review found two previously unknown owners — Denise P. Elkins (reflected as 1.19 acres, now track 54) and Vernon Randall Powers (4.11 acres, now track 55) — reducing the unit’s previously unknown acreage from 13.13 to 8.02 acres. Davis said the total unit size remains 300.66 acres and that the repooling is needed to correct ownership percentages and escrow requirements.
Davis said Krock plans to access methane from the lower Banner coal seam using a slope drain vent pipe and to market the gas through its existing seal‑gob operations. He estimated recoverable reserves at about 815.3 million cubic feet and an estimated total well cost of $288,652. He explained the larger AF (application fee/cost estimate) compared with a prior filing resulted from added flaring infrastructure, property acquisition for the site and included equipment; the division had directed including flaring components in cost estimates.
Krock confirmed it mailed certified notices to known owners and published notice for unknown or unlocatable owners; the filing shows notice was mailed Aug. 18, 2025 and published Sept. 3, 2025. Davis said Krock would offer voluntary lease terms to any newly interested owners consistent with terms offered to other voluntarily leased parties.
After board members asked clarifying questions about the change in AF and inclusion of flaring towers, the board moved and approved the repooling order and named Krock as operator of the unit. The chair called the roll and recorded affirmative votes.
The board’s order updates unit records, amends ownership interest allocations and will be mailed to affected parties per board procedure.
