45-9-43. Amendment of order for unit operations--Conditions.

141 words·~1 min read·/sd/title-45/chapter-45-9/45-9-43

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

An order providing for unit operations may be amended by an order made by the Board of Minerals and Environment in the same manner and subject to the same conditions as an original order providing for unit operations under the following conditions:

(1)If such an amendment affects only the rights and interests of the owners, the approval of the amendment by the royalty owners is not required; and

(2)No such order of amendment may change the percentage for allocation of oil and gas as established for any separately owned tract by the original order, except with the consent of all persons owning oil and gas rights in the tract, or change the percentage for the allocation of cost as established for any separately owned tract by the original order, except with the consent of all owners in the tract.