43 CFR 3137.40
§ 3137.40 What initial development obligations must I define in a unit agreement?
United States · 43 CFR — Public Lands: Interior · Status: effective
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- Citation
- 43 CFR 3137.40, § 3137.40 What initial development obligations must I define in a unit agreement?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/211964
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.