Okla. Admin. Code § 165:10-13-8

Current through Vol. 42, No. 4, November 1, 2024

Section 165:10-13-8 - Transfer of allowables

Subject to the procedural requirement of 165:5-7-12, the Commission may issue an order transferring, after proper adjustment, all or part of an allowable from a well with a high gas-oil ratio or high water-oil ratio to a well having a lower gas-oil ratio or water-oil ratio, if:

(1) The wells produce from the same common source of supply.

(2) The wells are located on the same lease or in the same drilling and spacing unit.

Okla. Admin. Code § 165:10-13-8

Amended by Oklahoma Register, Volume 32, Issue 23, August 17, 2015, eff. 8/27/2015.