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LSDefine

Simple English definitions for legal terms

pooling clause

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A quick definition of pooling clause:

A pooling clause is a part of an oil and gas lease that allows the person leasing the land to combine their leased area with other properties for development or operation. This means that they can work together with other landowners to extract oil and gas from the ground more efficiently.

A more thorough explanation:

A pooling clause is a provision commonly found in oil and gas leases that allows the lessee (the person or company leasing the land) to combine the leased acreage with other properties for development or operation.

For example, if a company leases a piece of land for oil and gas exploration, they may also want to lease adjacent land to increase their chances of finding oil or gas. The pooling clause allows them to combine the leased acreage and treat it as one unit for drilling and production purposes.

Another example would be if multiple landowners in an area have leased their land for oil and gas exploration. The pooling clause would allow the lessee to combine all of the leased acreage into one unit for development and operation, rather than having to drill separate wells on each individual property.

The pooling clause is beneficial for both the lessee and the lessor (the landowner) as it can increase the chances of finding oil or gas and can also lead to more efficient and cost-effective operations.

pooling agreement | pooling of interests

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PuppyBot
10:43
median vitamin D intakes of American blacks are below recommended intakes in every age group, with or without the inclusion of vitamin D from supplements.
JumpySubsequentDolphin
10:43
@GreyCeaselessMammoth: NO WAY!! from where mammoth
GreyCeaselessMammoth
10:44
egypt! wa usratik mineyn?
indian people are also vitamin d deficient lolol
cumsock
10:44
i want a burgerrrrrrrrrr cheesy burger double patty bacon pickles
10:44
i am vitamin d deficient lol
PuppyBot
10:44
no pickles
JumpySubsequentDolphin
10:45
@GreyCeaselessMammoth: I LOVE EGYPTIAN ARABIC IT KILLS ME
JumpySubsequentDolphin
10:45
im palestinian
shaquilleoatmeal
10:45
@lilypadfrog: lmao, i get vo2 testing done at a lab and they offer it so i just do it. Also wtf havent u gotten a physical in so long?!
GreyCeaselessMammoth
10:45
JUMPYYYY we're neighbors!!
cumsock
10:45
what if ur irish and u are pale enough to reflect light does that mean ur deficient
@GreyCeaselessMammoth: i eat mostly whole foods now on my day to day and its the best
PuppyBot
10:45
maybe. i also burn. so i dont get how im deficient
GreyCeaselessMammoth
10:46
well i'm white but my stepdad is egyptian so i've been there a bunch and raised in a multi-gen egyptian household
10:47
Bio Chemistry is odd, some ppl just cannot absorb certain nutrients/vits. Like some calcium deficient ppl actually loose more calcium when they increase intake.
10:48
also some ppl are hyper sensitive to hormones/vit/nutrients.
JumpySubsequentDolphin
10:48
@GreyCeaselessMammoth: love my masris
JumpySubsequentDolphin
10:48
@PuppyBot: I burn bad i don’t get it either
cumsock
10:49
i burn worse
shaquilleoatmeal
10:49
deficiencies are one thing, what scares me the most is if i ever became antibiotic resistant
GreyCeaselessMammoth
10:50
i'm going again to egypt this summer, i think it'll be my last time for a while, at least until after law school
PuppyBot
10:50
i wonder if renard is going to get me that snowglobe from paris
GreyCeaselessMammoth
10:50
@JumpySubsequentDolphin: my cousins wife is palestinian, their wedding was so cool. it was neat learning about the palestinian wedding traditions
PuppyBot
10:50
prob not :/
10:51
I tan super well, its a wild blessing being eastern european and doesnt make much sense
10:51
@Mostlylegal: same. During end of summer i am darker than some black ppl
JumpySubsequentDolphin
10:51
@GreyCeaselessMammoth: hehe my brother’s wife is Egyptian. but omg I love palestinian weddings. did they have a zaffeh/dabke group perform
10:51
I used to get called hispanic a lot, same for my mom
10:52
o well we all the same race
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