Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 43 - Public Lands: Interior |
Subtitle B - Regulations Relating to Public Lands |
Chapter II - Bureau of Land Management, Department of the Interior |
SubChapter C - Minerals Management (3000) |
Part 3130 - Oil and Gas Leasing: National Petroleum Reserve, Alaska |
Subpart 3137 - Unitization Agreements - National Petroleum Reserve-Alaska |
Development Requirements |
§ 3137.70 - What must I do to meet initial development obligations?
Latest version.
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§ 3137.70 What must I do to meet initial development obligations?
(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.