The challenges of searching, boring and getting a substance that is hidden underground in vaguely defined sub-surface strata are numerous but none more important than answering the three questions: where is the resource? how much is there? and who owns it?
Unitisation and the subsequent redetermination process is a unique industry solution to those 3 unanswerable questions and blends Spindletop’s technical know-how with commercial and legal expertise.
We have hands on experience in concluding onshore and offshore Unitisation and Unit Operating Agreements in the North Sea, Canada and offshore Newfoundland & Labrador. We have managed expert determinations for operators and non-operators alike and advised experts in the scope of their duty.