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Study group of the N.C. Mining and Energy Commission meets Friday in Pittsboro
Story Date: 2/7/2013
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Source: NC DENR, 2/6/13
A study group of the North Carolina Mining and Energy Commission meets Friday in Pittsboro to further explore issues related to oil and gas exploration and development.
The Compulsory Pooling Study Group plans to meet at 9 a.m. Friday at the Multi-Purpose Room at Central Carolina Community College, 764 West St., Pittsboro.
Friday’s meeting was originally to be held in Sanford but was moved to Pittsboro because the Sanford location was unavailable.
The study group was developed to exp lore the issues surrounding compulsory pooling, which refers to joining leased and unleased tracts of land so there is sufficient acreage to form a drilling unit for natural gas extraction.
An agenda for Friday’s meeting includes presentations to the study group on the ownership of oil and gas rights, the effects of natural gas drilling and an overview of compulsory pooling in five oil and gas producing states. The study group also plans to discuss policies related to compulsory pooling. The public may submit questions in writing to staff and they will be addressed by the study group at the end of the meeting.
The group is compiling its study of compulsory pooling on behalf of the North Carolina Mining and Energy Commission, which will report its findings and recommendations, including legislative proposals, to the General Assembly by Oct. 1.
The state Mining and Energy Commission is developing a modern regulatory program to manage oil and gas exploration and development activities in North Carolina, including the us e of horizontal drilling and hydraulic fracturing.
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