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Title: Basic Elements Of Field Proration
Author: G. W. Godfrey
Source: 1964 Southwestern Gas Measurement Short Course (Now called ISHM)
Year Published: 1964
Abstract: What is proration? To prorate means to divide, share, or distribute proportionally--to assess or apportion pro rata. Proration is the legal device established by State regulatory authorities to accomplish: (1) The prevention of physical or economic waste (2) The protection of correlative rights of all parties involved. It accomplishes these aims by: (1) the assurance of ratable taking within a common pool, (2) the prevention of discrimination among pools, and (3) granting permissively to each well, the opportunity to produce ultimately the reserves underlying the well and, to produce the reserves currently with other wells in the common pool. The objective of this paper is to acquaint you with the elements that make up proration.




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