§ 526 - Ratable takes required - Vermont Statutes

§ 526. Ratable takes required

(a) Oil or gas produced in this state shall be purchased and taken without discrimination between producers in the same reservoir. After notice and hearing, the board may relieve any person of his or her duty to purchase and take oil or gas produced in this state without discrimination, if the oil and gas is of inferior quality or for other good cause.

(b) The provisions of this section do not apply:

(1) to any wells or reservoirs used for storage and withdrawal from storage of oil or gas originally produced in compliance with this chapter and the rules of the board;

(2) to purchases of gas produced from oil wells; or

(3) to any other purchases or production to which the board finds, after notice and hearing, the application of this section would be unjust or unreasonable. (Added 1981, No. 240 (Adj. Sess.), § 2, eff. April 28, 1982.)