Chapter 55: Oil And Gas

Article 13: Unitization

Statute 55-1313: Certificates to be recorded. Upon a unitization order becoming effective the commission shall file for recording in the office of the register of deeds in the county or counties in which the lands are located a certificate in such form as the commission may prescribe, which certificate must include the following information: (1) Date of order and date approved by required percentage of owners;

      (2)   docket number;

      (3)   name of unit;

      (4)   producing formations unitized;

      (5)   the time unit operations shall commence;

      (6)   legal description of each tract of land in the unit;

      (7)   the allocation of the production of the unit among the owners.

      When unit operations have terminated, the commission shall likewise file for recording a similar certificate showing such termination.

      History:   L. 1967, ch. 299, § 13; July 1.