§3217.12. What does BLM need to approve my communitization agreement?

43 C.F.R. § 3217.12

For BLM to approve a communitization agreement, you must give us the following information:

(a)

The location of the separate tracts comprising the drilling or spacing unit;

(b)

How you will prorate production or royalties to each separate tract based on total acres involved;

(c)

The name of each tract operator; and

(d)

Provisions for protecting the interests of all parties, including the United States.

Notes, amendments, and revision history

Authority: 30 U.S.C. 1001-1028; 43 U.S.C. 1701 et seq.; and Pub. L. 109-58.

Source: 72 FR 24400, May 2, 2007, unless otherwise noted.