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Simple English definitions for legal terms

communitization

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A quick definition of communitization:

Communitization is a term used in the oil and gas industry. It means combining small areas of land to create a big enough space to get permission to drill for oil or gas. This is also called pooling. It is different from unitization, which is when a group of people or companies work together to drill for oil or gas in a larger area.

A more thorough explanation:

Definition: Communitization refers to the process of aggregating small tracts of land to meet the requirements for obtaining a permit to drill a well in the oil and gas industry. This process is also known as pooling.

Example: In the oil and gas industry, communitization is used to combine small tracts of land owned by different individuals or companies to form a larger unit that meets the minimum requirements for drilling a well. This allows for more efficient and cost-effective extraction of oil and gas resources.

Explanation: Communitization is necessary in the oil and gas industry because drilling a well requires a certain amount of land to be available for the drilling process. By combining small tracts of land, companies can meet the minimum requirements for drilling a well without having to negotiate with each individual landowner. This process helps to streamline the drilling process and make it more efficient.

communis stipes | community estate

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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