43 CFR 3137.40: What initial development obligations must I define in 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
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.
Collected 2026-08-27T02:26:15Z. Source file · JSON