43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3137.50

What optional terms may I include in a unit agreement?

Title 43 C.F.R. ● ACTIVE Primary Source
Regulatory Text

43 C.F.R. § 3137.50 — What optional terms may I include in a unit agreement?

§ 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.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR43-SEC-122C6F
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boisestandard.org
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43 C.F.R. § 3137.50
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The regulatory text of 43 C.F.R. § 3137.50 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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