GroundRules
43 CFR 3137.50: What optional terms may I include 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
BLM may approve the following optional terms for a unit agreement if they promote additional development or enhanced production potential—
(a) Limiting the unit agreement to certain formations and their intervals;
(b) Multiple unit operators (see § 3137.51 of this subpart);
(c) Allowing modification of the unit agreement terms if less than 100 percent of the parties to the unit agreement (see § 3137.52 of this subpart) agree to the modification; or
(d) Other terms that BLM determines will promote the greatest economic recovery of oil and gas consistent with applicable law.
Collected 2026-08-27T02:26:15Z. Source file · JSON