43 CFR 3137.50 - What optional terms may I include in a unit agreement?

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§ 3137.50 What optional terms may I include in a unit agreement?
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.

Title 43 published on 2014-10-01

no entries appear in the Federal Register after this date.

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