PLEASE NOTE: All necessary documents must be submitted to the GLO at least fifteen (15) business days prior to the applicable royalty reporting and payment deadlines, unless otherwise noted in the lease. Documents include the final, “as-drilled” plats with productive lateral lengths from FTP to LTP, and lateral lengths on State leases and/or units for sharing wells. Failure to provide documentation, reports, and payments prior to the deadline will subject you to penalties and interest.

Pooling State Leases

The School Land Board must review and approve the pooling of State leases, except leased highways.

Pooling Unleased Rivers

Section 52.076 of the TNRC provides for the pooling of unleased riverbeds and channels

Pooling Unleased State Right of Way (SROW)

Section 32.207 of the TNRC provides for the pooling of unleased highways, roads, streets, and alleys.

Pooling Unleased County Roads (CoRd)

Section 32.207 of the TNRC provides for the pooling of unleased highways, roads, streets, and alleys.

Pooling Leased State Right of Way or County Roads

State Right of Way and County Road Leases have limited pooling authority. The GLO must be furnished with a recorded copy of the designation of pooled unit (DPU) along with any corrections or amendments to the DPU, a unit plat highlighting the state and/or county acreage, the required Unit Designation Form and a $500 processing fee within 30 days of a unit designation.

Production Sharing Agreements (PSA)