Rule 37 allows Texas oil and gas companies to take residents minerals without payment By Eric Griffey Fort Worth PUBLISHED 9:05 PM CT Jul. 03, 2021 PUBLISHED 9:05 PM CDT Jul. 03, 2021
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FORT WORTH, Texas Elaine Williams received a letter from the Texas Railroad Commission informing her that the state was allowing an oil and gas company to take her minerals without compensating her. Williams had been approached by various companies over the years about signing a gas drilling lease, but she had questions about the noise, pollution and other factors that typically accompany urban drilling.
What You Need To Know
Rule 37 was created to ensure that companies didn’t drill too close to an existing pad site to avoid tapping into overlapping pools of minerals.