43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3137.70

What must I do to meet initial development obligations?

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

43 C.F.R. § 3137.70 — What must I do to meet initial development obligations?

§ 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.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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43 C.F.R. § 3137.70
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The regulatory text of 43 C.F.R. § 3137.70 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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