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43 CFR 3137.41

§ 3137.41 What continuing development obligations must I define in a unit agreement?

United States · 43 CFR — Public Lands: Interior · Status: effective

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43 CFR 3137.41, § 3137.41 What continuing development obligations must I define in a unit agreement?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/211965
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A unit agreement must provide for submission of supplemental or additional plans of development which obligate the operator to a program of exploration and development (see § 3137.71 of this subpart) that, after completion of the initial obligations — (a) Meets or exceeds the rate of non-unit operations in the vicinity of the unit; and (b) Represents an investment proportionate to the size of the area covered by the unit agreement.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.