NRS 522.0838 – Plan of unitization: Required provisions.
The plan of unitization for each such unit and unit area must be one suited to the needs and requirements of the particular unit dependent upon the facts and conditions found to exist with respect thereto. In addition to such other terms, provisions, conditions and requirements found by the Division to be reasonably necessary or […]
NRS 522.084 – Plan of unitization: Modification; approval of owners not required in certain circumstances.
The unit area of a unit may be enlarged to include adjoining portions of the same pool, including the unit area of another unit, and a new unit created for the unitized management, operation and further development of the enlarged unit area, or the plan of unitization may be otherwise amended, all in the same […]
NRS 522.0844 – Property acquired by unit is owned by lessees subject to management by unit.
All property, whether real or personal, which the unit may in any way acquire, hold or possess, may not be acquired, held or possessed by the unit for its own account but must be so acquired, held and possessed by the unit for the account and as agent of the several lessees and is the […]
NRS 522.082 – “Unit production” defined.
As used in NRS 522.082 to 522.0878, inclusive, “unit production” includes all oil and gas produced from a unit area from and after the effective date of the order of the Division creating the unit regardless of the well or tract within the unit area from which it is produced. (Added to NRS by 1983, […]
NRS 522.0824 – Voluntary unitization; petition for compulsory unitization.
1. To prevent, or to assist in preventing waste, as prohibited by this chapter, to ensure a greater ultimate recovery of oil and gas, and to protect the correlative rights of persons owning interests in the tracts of land affected, those persons may validly integrate their interests to provide for the unitized management, development and […]
NRS 522.0828 – Order for compulsory unitization: Findings required before issuance.
If upon the filing of a petition and after notice and hearing, the Division finds that: 1. The unitized management, operation and further development of a pool or portion thereof is reasonably necessary in order effectively to carry on pressure control, pressure-maintenance or repressuring operations, cycling operations, waterflooding operations, or any combination thereof, or any […]
NRS 522.083 – Order for compulsory unitization: Limitations on area of pool to be included in plan.
1. The order of the Division must define the area of the pool or portion thereof to be included within the unit area and prescribe with reasonable detail the plan of unitization applicable thereto. 2. Each unit and unit area must be limited to all or a portion of a single pool. Only so much […]
NRS 522.0834 – Order for compulsory unitization: Consent of certain percentage of owners required; hearings; revocation of order.
1. No order of the Division creating a unit and prescribing the plan of unitization applicable thereto becomes effective unless: (a) The plan of unitization has been signed or in writing ratified, or approved by the lessees of record of not less than 62.5 percent of the unit area affected thereby and by the owners […]