California Statutes
§ 3637. — 3637. (Added by Stats. 1971, Ch. 1673.)
California·Code PRC Public Resources Code - PRC·Div. 3. DIVISION 3. OIL AND GAS·Ch. 3.5. CHAPTER 3.5. Unit Operation·Art. 2. ARTICLE 2. Definitions
“Working interest” means an interest held in lands by virtue of fee title, including lands held in trust, a lease, operating agreement, or otherwise, under which the owner of such interest has the right to drill for, develop, and produce oil and gas. A working interest shall be deemed vested in the owner thereof even though his right to drill or produce may be delegated to an operator under a drilling and operating agreement, unit agreement, or other type of operating agreement.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 3637. (3637. (Added by Stats. 1971, Ch. 1673.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1971, Ch. 1673.