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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) To meet initial development obligations by the time specified in your unit agreement you must—
(1) Drill the required test well(s) to the primary target;
(2) Drill at least one well that meets the productivity criteria (see § 3137.82 of this subpart); or
(3) Establish, to BLM's satisfaction, that further drilling to meet the productivity criteria is unwarranted or impracticable.
(b) You must certify to BLM that you met initial development obligations no later than 60 calendar days after meeting the obligations. BLM may require you to supply documentation that supports your certification.
Cite this article: FindLaw.com - Code of Federal Regulations Title 43. Public Lands: Interior § 43.3137.70 What must I do to meet initial development obligations? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-43-public-lands-interior/cfr-sect-43-3137-70/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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