43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3162.2.5

Must I take protective action when a protective well would be uneconomic?

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43 C.F.R. § 3162.2.5 — Must I take protective action when a protective well would be uneconomic?

§ 3162.2–5 Must I take protective action when a protective well would be uneconomic? You are not required to take any of the actions listed in § 3162.2–4 if you can prove to BLM that when you first knew or had constructive notice of drainage you could not produce a sufficient quantity of oil or gas from a protective well on your lease for a reasonable profit above the cost of drilling, completing, and operating the protective well. [66 FR 1893, Jan. 10, 2001]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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43 C.F.R. § 3162.2.5
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The regulatory text of 43 C.F.R. § 3162.2.5 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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