43 C.F.R. § 3137.41 What continuing development obligations must I define in a unit agreement?
Title 43 - Public Lands: Interior
A unit agreement must obligate the operator to a program of exploration and development (see §3137.71) 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.
Title 43: Public Lands: Interior
PART 3130—OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA
Subpart 3137—Unitization Agreements—National Petroleum Reserve-Alaska
Development
§ 3137.41 What continuing development obligations must I define in a unit agreement?