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Indiana Code Title 14. Natural and Cultural Resources § 14-38-1-23

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 23. (a) A lease must provide that the lessee shall drill an offset well to a well on adjoining land that:

(1) is within three hundred thirty (330) feet of an outer boundary of the land covered by the lease;  and

(2) is producing petroleum in paying quantities and draining the land covered by the lease.

(b) The offset must be:

(1) started within ninety (90) days from the completion of the adjoining well;  and

(2) drilled with due diligence to completion.

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Cite this article: FindLaw.com - Indiana Code Title 14. Natural and Cultural Resources § 14-38-1-23 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-14-natural-and-cultural-resources/in-code-sect-14-38-1-23/

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