43 C.F.R. § 3137.40

Current through November 30, 2024
Section 3137.40 - What initial development obligations must I define in a unit agreement?

Your unit agreement must define-

(a) The number of wells you anticipate will be necessary to assess the reservoir adequately;
(b) A primary target for each well;
(c) A schedule for starting and completing drilling operations for each well; and
(d) The time between starting operations on a well to the start of operations on the next well.

43 C.F.R. § 3137.40