Indiana Statutes

§ 14-38-1-23 — Offset well

Indiana·Art. 38 OTHER PETROLEUM REGULATION·Ch. 1 Petroleum Exploration on State Property
(a)A lease must provide that the lessee shall drill an offset well to a well on adjoining land that:
(1)is within three hundred thirty (330) feet of an outer boundary of the land covered by the lease; and
(2)is producing petroleum in paying quantities and draining the land covered by the lease.
(b)The offset must be:
(1)started within ninety (90) days from the completion of the adjoining well; and
(2)drilled with due diligence to completion. [Pre-1995 Recodification Citation: 14-4-3-19.]

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Legislative History

As added by P.L.1-1995, SEC.31.

Nearby Sections

15
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