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Section 45-9-46 - Definition of terms--Operation of a well upon unit area--Unit of production allocatedto a separately owned tract in a unit area.

45-9-46. Definition of terms--Operation of a well upon unit area--Unit of production allocated to a separately owned tract in a unit area. All operations, including, but not limited to, the commencement, drilling, or operation of a well upon any portion of the unit area shall be deemed for all purposes the conduct of such operations upon each separately owned tract in the area by the several owners thereof. The portion of the unit production allocated to a separately owned tract in a unit area shall, when produced, be deemed, for all purposes, to have been actually produced from such tract by a well drilled thereon.

Source: SDC Supp 1960, § 42.0710 (8) as enacted by SL 1961, ch 211, § 1.

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