Regulations last checked for updates: Nov 22, 2024

Title 43 - Public Lands: Interior last revised: Sep 06, 2024
§ 3137.40 - What initial development obligations must I define in a unit agreement?

Your unit agreement must define—

(a) The number of wells you anticipate will be necessary to assess the reservoir adequately;

(b) A primary target for each well;

(c) A schedule for starting and completing drilling operations for each well; and

(d) The time between starting operations on a well to the start of operations on the next well.

authority: 42 U.S.C. 6508,43.S.C. 1733 and 1740
source: 46 FR 55497, Nov. 9, 1981, unless otherwise noted.
cite as: 43 CFR 3137.40