1. Regulations
  2. title 43
  3. chapter II
  4. part 3130
  5. subpart 3137
  6. subjgrp 113
  7. § 3137.40

View all text of Subjgrp 113 [§ 3137.40 - § 3137.41]

§ 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.

AUTHORITY: 42 U.S.C. 6508, 43 U.S.C. 1733 and 1740.

SOURCE: 46 FR 55497, Nov. 9, 1981, unless otherwise noted.

CITE AS: 43 CFR 3137.40