Iowa § 458A.9 Voluntary agreements for unit operation valid

Iowa Statutes

§ 458A.9 — Voluntary agreements for unit operation valid

Iowa § 458A.9

Title XINATURAL RESOURCES

Ch. 458AOIL, GAS, AND OTHER MINERALS

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Bluebook

Iowa Code § 458A.9 (2026).

Text

An agreement for the unit or cooperative development and operation of a field or pool, in
connection with the conduct of a repressuring or pressure maintenance operations, cycling
or recycling operations, including the extraction and separation of liquid hydrocarbons from
natural gas, or any other method of operation, including water floods, may be performed
without being in violation of any of the statutes of this state relating to trusts, monopolies,
or contracts and combinations in restraint of trade, if the agreement is approved by the
department as being in the public interest, protective of correlative rights, and reasonably
necessary to increase ultimate recovery or to prevent waste of oil or gas. The agreements
bind only the persons who execute them, and their heirs, successors, as

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An agreement for the unit or cooperative development and operation of a field or pool, in
connection with the conduct of a repressuring or pressure maintenance operations, cycling
or recycling operations, including the extraction and separation of liquid hydrocarbons from
natural gas, or any other method of operation, including water floods, may be performed
without being in violation of any of the statutes of this state relating to trusts, monopolies,
or contracts and combinations in restraint of trade, if the agreement is approved by the
department as being in the public interest, protective of correlative rights, and reasonably
necessary to increase ultimate recovery or to prevent waste of oil or gas. The agreements
bind only the persons who execute them, and their heirs, successors, assigns, and legal
representatives.