43 CFR 3137.10: What benefits do I receive for entering into a unit agreement?
Where this section sits in the code
- Title 43—Public Lands: Interior
- Subtitle B—Regulations Relating to Public Lands
- CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER C—MINERALS MANAGEMENT (3000)
- PART 3130—OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA
- Subpart 3137—Unitization Agreements—National Petroleum Reserve-Alaska
(a) Each individual tract committed to the unit agreement meets its full performance obligation if one or more tracts in the unit meets the development or production requirements;
(b) Production from a well that meets the productivity criteria (see § 3137.82 of this subpart) under the unit agreement extends the term of all NPR-A leases committed to the unit agreement as provided in § 3137.111 of this subpart;
(c) You may drill within the unit without regard to certain lease restrictions, such as lease boundaries within the unit and spacing offsets; and
(d) You may consolidate operations and permitting and reporting requirements.
Collected 2026-08-27T02:26:15Z. Source file · JSON