4 Va. Admin. Code § 25-160-80

Current through Register Vol. 41, No. 6, November 4, 2024

Section 4VAC25-160-80 - Applications to pool interests in a drilling unit: conflicting claims to coalbed methane gas ownership

In addition to the information required in 4VAC25-160-70 of this chapter, applications filed under § 45.2-1622 of the Code of Virginia to pool interests in a drilling unit for coalbed methane gas where there are conflicting claims to ownership of the coalbed methane gas shall contain a description of the conflicting ownership claims and the percentage of interests to be escrowed for the conflicting claims, and a plan for escrowing the costs of drilling and operating the well or wells and the proceeds from the well or wells attributable to the conflicting interests.

4 Va. Admin. Code § 25-160-80

Derived from VR480-05-22.2 §8, eff. October 23, 1991; Amended, Virginia Register Volume 38, Issue 13, eff. 3/31/2022.

Statutory Authority: § 45.2-103 of the Code of Virginia.