43 CFR 3137.70 - What must I do to meet initial development obligations?

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§ 3137.70 What must I do to meet initial development obligations?
(a) To meet initial development obligations by the time specified in your unit agreement you must—
(1) Drill the required test well(s) to the primary target;
(2) Drill at least one well that meets the productivity criteria (see§ 3137.82 of this subpart); or
(3) Establish, to BLM's satisfaction, that further drilling to meet the productivity criteria is unwarranted or impracticable.
(b) You must certify to BLM that you met initial development obligations no later than 60 calendar days after meeting the obligations. BLM may require you to supply documentation that supports your certification.

Title 43 published on 2014-10-01

no entries appear in the Federal Register after this date.

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