43 CFR 3137.41 - What continuing development obligations must I define in a unit agreement?

prev | next
§ 3137.41 What continuing development obligations must I define in a unit agreement?
A unit agreement must provide for submission of supplemental or additional plans of development which obligate the operator to a program of exploration and development (see § 3137.71 of this subpart) that, after completion of the initial obligations —
(a) Meets or exceeds the rate of non-unit operations in the vicinity of the unit; and
(b) Represents an investment proportionate to the size of the area covered by the unit agreement.
[67 FR 17886, Apr. 11, 2002, as amended at 73 FR 6444, Feb. 4, 2008]

Title 43 published on 2013-10-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code