South Dakota § 45-9-24 Spacing units of different sizes or shapes--Adjustment of allowable production.

South Dakota Statutes

§ 45-9-24 — Spacing units of different sizes or shapes--Adjustment of allowable production.

South Dakota·Title 45 MINING, OIL AND GAS·Ch. 45-8 OIL AND GAS CONSERVATION

If spacing units of different sizes or shapes exist in a pool, the Board of Minerals and Environment shall, if necessary, and if production is limited due to physical waste, adjust the allowable production from any wells drilled in the pool so that each person entitled to a share of the production in each spacing unit has a reasonable opportunity to produce or receive his or her just and equitable share of the production.

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If spacing units of different sizes or shapes exist in a pool, the Board of Minerals and Environment shall, if necessary, and if production is limited due to physical waste, adjust the allowable production from any wells drilled in the pool so that each person entitled to a share of the production in each spacing unit has a reasonable opportunity to produce or receive his or her just and equitable share of the production.

South Dakota § 45-9-24 (Spacing units of different sizes or shapes--Adjustment of allowable production.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.