This form is pursuant with Article VI that there will be no notice which proposes the drilling of more than one well (including re-entry for Deepening or Sidetracking an abandoned well). Further, the provisions of Article VI, insofar as it pertains to notification by a part of its desire to drill a well, shall be suspended for so long as: (1) a prior notice has been given which is still in force and effect and the period of time during which the well provided for in the notice may be commenced has not expired; or, (2) a well is then being drilled.
New Mexico Well Proposal to Avoid Multiple Well Proposals
Category:
State:
Multi-State
Control #:
US-OG-721
Format:
Word;
Rich Text
Instant download
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How to fill out Well Proposal To Avoid Multiple Well Proposals?
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FAQ
(1) An operator shall not file an application for permit to drill nor commence the drilling of a horizontal oil or gas well until the operator has either: (a) received the consent of at least one working interest owner or unleased mineral interest owner of each tract (in the target pool or formation) in which any part ...
A spacing unit is a legally described boundary designated by a governmental agency (the Oklahoma Corporation Commission (OCC) in the case of Oklahoma)) as a ?common source of supply? of oil and gas for purposes of dividing fairly, among the various owners, production from a particular well or wells.
Compulsory pooling orders the division enters pursuant to NMSA 1978, Section 70-2-17, as amended, may provide for the recovery, out of the share of production allocable to the working interest of a party that elects not to pay its proportionate share of well costs in advance, in addition to reasonable well costs and ...
In New Mexico, however, there has been no judicial recognition or inter- pretation of the compulsory pooling law even though it has been in effect since 1935-the year in which Oklahoma adopted its pooling law.
