US Lawyer Database

NRS 522.020 – Definitions.

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 522.021 to 522.0395, inclusive, have the meanings ascribed to them in those sections. [2:202:1953; A 1955, 55]—(NRS A 1977, 1149; 1983, 2078; 1991, 386, 962; 2015, 173)

NRS 522.021 – “Correlative rights” defined.

“Correlative rights” means the opportunity afforded, so far as it is practicable to do so, to the owner of each property in a pool to produce without waste the owner’s just and equitable share of the oil or gas, or both, in the pool and for this purpose to use the owner’s just and equitable […]

NRS 522.024 – “Division order” defined.

“Division order” means a written instrument executed for the purpose of: 1. Directing the distribution of the proceeds from the sale of the production from an oil or gas well among the owners of the interests in that production; 2. Setting forth the name and address of each of those owners; and 3. Enabling the […]

NRS 522.025 – “Field” defined.

“Field” means the general area which is underlain or appears to be underlain by at least one pool and includes the underground reservoir or reservoirs containing oil or gas. (Added to NRS by 1983, 2070)