26 Miss. Code. R. 2-1.35 - ADJUSTED OIL WELL ALLOWABLE
(a) If a newly
completed oil well comes into production during any allowable period, or if any
oil well is placed back into production after having been removed from the
allowable schedule, such well may produce, during the remainder of such
allowable period, only an allowable equivalent to that assigned, for the
remainder of such allowable period, to any regular allowable unit in the field;
provided, however, if such well is located on a unit smaller than the regular
drilling unit prescribed by the Board for the field, such well shall be
permitted to produce during the remainder of such allowable period, only that
proportion of the allowable assigned, for the remainder of such allowable
period, to such a regular allowable unit as the acreage in the smaller unit
bears to the acreage in a regular allowable unit. The Board reserves the right
to adjust such allowable, and, if such allowable is reduced, to charge the
overproduction against the future production of such well.
(b) Pending the fixing of the maximum
efficient rate of production for an oil well completed in a non-allocated pool,
unless the Board, after notice and hearing, either heretofore or hereafter,
expressly finds that allowables shall not be imposed on a particular pool, the
allowable shall be based upon the depth of the completion zone and shall be as
follows:
| Depth | Maximum Allowable |
| 0 - 7,000 | feet 150 BOPD |
| 7,000 - 8,000 | feet 200 BOPD |
| 8,000 - 9,000 | feet 250 BOPD |
| 9,000 - 10,000 | feet 300 BOPD |
| 10,000 - 12,000 | feet 350 BOPD |
| 12,000 - 14,000 | feet 400 BOPD |
| Below - 14,000 | feet 500 BOPD |
However, in order to prevent waste and protect co-equal and correlative rights of all parties, the depth of the zone in which the discovery well of a pool is completed shall be used in determining the depth allowable of additional wells in that pool until an MER is established by the Board after notice and hearing.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.