522.021 - “Correlative rights” defined. - Nevada Statutes

522.021  “Correlative rights” defined.  “Correlative rights” means the opportunity afforded, so far as it is practicable to do so, to the owner of each property in a pool to produce without waste the owner’s just and equitable share of the oil or gas, or both, in the pool and for this purpose to use the owner’s just and equitable share of the reservoir’s energy.

      (Added to NRS by 1983, 2070)