Code of Federal Regulations · Section

§ 3137.40 — What Initial Development Obligations Must I Define In A Unit Agreement?

43 C.F.R. § 3137.40

View:

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.