Unitization, therefore, is a joint operation of a producing reservoir that is located within two or more contract areas in order to maximize recovery.

This factor has affected the nature of the property rights assigned with unitization, an institutional arrangement to internalize the common‐pool externality. Information asymmetries and conflicting ...

It was almost never used, so no one really heard about it, and no one cared. But unitization seems to have been rediscovered by the Ohio oil and gas industry. In 2012 and 2013, operators have filed at ...

Unitization has been legal in Ohio since 1965, however, the last decade has seen unitization orders surge to meet fracking demands. The ODNR enacted 112 unitization orders in 2022 and nearly 100 ...

The federal government, generally friendly to unitization, owns 12 percent and the state government owns 7 percent. That makes 63 percent of mineral rights held among apparent willing participants.

Brazil plans massive unitization for its pre-salt basin discoveries Sept. 30, 2009 ...