Okla. Admin. Code § 165:10-15-9

Current through Vol. 42, No. 7, December 16, 2024

Section 165:10-15-9 - Allocated oil allowables

(a)Effective date of allowables. The allowable for an allocated well completed or recompleted on or after the first day of the proration period shall become effective the date of completion of the well, provided the operator has complied with the provisions of this Section and other rules governing allowables. In situations where the operator fails to comply, the allowable shall become effective the date the operator complies with this Section and other rules governing allowables.

(b)Allowables in allocated pools. Allowables in allocated pools shall be granted on an individual well basis, subject to appropriate spacing requirements, unless otherwise specified by order of the Commission. The allowable for each allocated well shall be determined as if the well was an unallocated well operating under 165:10-15-12(b) or 165:10-15-12(c)(1), whichever is appropriate, unless adjusted by order of the Commission. The operator shall produce the allowable on each well from that well and no part thereof from any other well.

(c)Application. Upon application by the Director of Conservation or any interested party, and after notice and hearing, the Commission may order the wells in a common source of supply to be produced under allowables established by special pool rules in lieu of the provisions of this Section. All requirements as to production tests and allowables shall be set forth by the order of the Commission establishing such special pool rules.

Okla. Admin. Code § 165:10-15-9

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