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hello in this video were going to talk about pooling agreements for mineral and oil and gas rights this is dave at titlesearch.com we also have a specific website for this particular subject called mineral rights calm basically a pulley agreement is when a mineral or oil and gas extraction contract extends over multiple properties for example if theres a pool of oil below a certain area even though each individual property will be selling the mineral rights or the oil right below it there may be only one well or one access to that oil and because of the oil is pulling from all those properties theres a pulling agreement that gives royalties based on what oil is supposedly below each property even though theres not an oil well on your property that pulling agreement may extend royalty payments to other owners because even if the well comes in over here this property thats maybe a mile away they know that the oil is transgressing underneath the other properties through that well it