82-11-215. Unit operation not restraint of trade
82-11-215. Unit operation not restraint of trade. The formation of a unit as provided in 82-11-204 through 82-11-216 and the operation of the unit under order of the board shall not be in violation of any statute of this state relating to trusts, monopolies, contracts, or combinations in restraint of trade. History: En. Sec. 12, Ch. 33, […]
82-11-216. No creation of relationship between parties in unit
82-11-216. No creation of relationship between parties in unit. The formation of such a unit as herein provided will not create a relationship between the parties thereto which shall be deemed to be or constitute a joint endeavor, adventure, undertaking, association, or mining or other partnership. History: En. Sec. 13, Ch. 33, L. 1969; R.C.M. 1947, 60-131.13.
82-11-301. Authorization to join interstate compact for conservation of oil and gas
82-11-301. Authorization to join interstate compact for conservation of oil and gas. The governor of the state of Montana is hereby authorized and directed, for and in the name of the state of Montana, to join with other states in the Interstate Compact To Conserve Oil and Gas, which was heretofore executed in the city of […]
82-11-202. Pooling of interest within spacing unit
82-11-202. Pooling of interest within spacing unit. (1) (a) When two or more separately owned tracts are embraced within a temporary or permanent spacing unit or when there are separately owned interests in all or a part of the spacing unit, then the persons owning those interests may pool their interests for the development and operation of […]
82-11-203. Pooling agreements not in violation of antitrust laws
82-11-203. Pooling agreements not in violation of antitrust laws. (1) An agreement for the unit or cooperative development and operation of a field or pool or any part of either or for conducting repressuring or pressure maintenance operations, cycling or recycling operations, including the extraction and separation of liquid hydrocarbons from natural gas in connection therewith, […]
82-11-204. Hearing on operation of pool as unit
82-11-204. (Temporary) Hearing on operation of pool as unit. (1) The board, upon the application of persons owning leasehold interests underlying 60% of the surface within the delineated area, shall hold a hearing to consider the need for the operation as a unit of one or more pools or parts thereof in a field for enhanced […]
82-11-205. Board order for unit operation — criteria
82-11-205. (Temporary) Board order for unit operation — criteria. The board shall make an order providing for the unit operation of a pool or pools or part thereof if it determines, based on evidence presented at the hearing, that: (1) such operation is reasonably necessary to increase the ultimate recovery of oil or gas; (2) the value of […]
82-11-206. Terms and conditions of plan for unit operations
82-11-206. Terms and conditions of plan for unit operations. The order under 82-11-205 must be upon terms and conditions that are just and reasonable and must prescribe a plan for unit operations that includes: (1) a description of the pool or pools or parts of a pool or pools to be operated, termed the unit area, but […]
82-11-207. Approval of plan for unit operations by persons paying costs
82-11-207. Approval of plan for unit operations by persons paying costs. An order of the board providing for unit operations may not become effective unless the plan for unit operations prescribed by the board has been approved in writing by those persons who under the board’s order will be required to pay at least 70% of […]
82-11-208. Board orders — amendment
82-11-208. Board orders — amendment. An order providing for unit operations may be amended by an order made by the board in the same manner and subject to the same conditions and notice as an original order providing for unit operations; however, if such an amendment affects only the rights and interests of the owners, the […]