Montana Statutes
§ 82-11-203 — Pooling Agreements Not In Violation Of Antitrust Laws
82-11-203 . Pooling agreements not in violation of antitrust laws.
(1)An agreement for the unit or cooperative development and operation of a field or pool or any part of either or for conducting repressuring or pressure maintenance operations, cycling or recycling operations, including the extraction and separation of liquid hydrocarbons from natural gas in connection therewith, or any other method of unit or cooperative operation, including water flooding, is authorized and may be performed.
(2)Such an agreement does not violate 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 board as being in the public interest and reasonably necessary to increase ultimate recovery or to prevent
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Montana § 82-11-203 (Pooling Agreements Not In Violation Of Antitrust Laws) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 8, Ch. 238, L. 1953; amd. Sec. 60, Ch. 253, L. 1974; R.C.M. 1947, 60-131.
Nearby Sections
15
§ 82-11-101
Definitions§ 82-11-102
Oil Or Gas Wells Not Public Utilities§ 82-11-103
Lands Subject To Law§ 82-11-105
Through 82-11-109 Reserved§ 82-11-110
Oil And Gas Education And Research Account§ 82-11-111
Powers And Duties Of Board§ 82-11-112
Intergovernmental Cooperation§ 82-11-113
Repealed§ 82-11-114
Repealed§ 82-11-115
Repealed§ 82-11-116
Repealed§ 82-11-117
Confidentiality Of Records§ 82-11-118
Fees For Processing Applications§ 82-11-119
And 82-11-120 Reserved