522.083 - Order for compulsory unitization: Limitations on area of pool to be included in plan. - Nevada Statutes

522.083  Order for compulsory unitization: Limitations on area of pool to be included in plan.

      1.  The order of the Division must define the area of the pool or portion thereof to be included within the unit area and prescribe with reasonable detail the plan of unitization applicable thereto.

      2.  Each unit and unit area must be limited to all or a portion of a single pool. Only so much of a pool as has been defined and determined to be productive of oil and gas by actual drilling operations may be so included within the unit area. A unit may be created to embrace less than the whole of a pool only where it is shown by the evidence that the area to be so included within the unit area is of such size and shape as may be reasonably required for the successful and efficient conduct of the unitized method of operation for which the unit is created, and that the conduct thereof will have no material adverse effect upon the remainder of the pool.

      (Added to NRS by 1983, 2073; A 1993, 1692)