North Carolina Statutes

§ 113-392 — Protecting pool owners; drilling units in pools; location of wells; shares in pools

North Carolina·Ch. 113 Conservation and Development·Art. 27 Oil and Gas Conservation
(a)Whether or not the total production from a pool be limited or prorated, no rule or order of the Commission shall be such in terms or effect:
(1)That it shall be necessary at any time for the producer from, or the owner of, a tract of land in the pool, in order that he may obtain such tract's just and equitable share of the production of such pool, as such share is set forth in this section, to drill and operate any well or wells on such tract in addition to such well or wells as can produce without waste such share, or
(2)As to occasion net drainage from a tract unless there be drilled and operated upon such tract a well or wells in addition to such well or wells thereon as can produce without waste such tract's just and equitable share, as set forth in this section, of the productio

Free access — add to your briefcase to read the full text and ask questions with AI

North Carolina § 113-392 (Protecting pool owners; drilling units in pools; location of wells; shares in pools) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗