312 Ind. Admin. Code 29-2-29
Authority: IC 14-10-2-4; IC 14-37-3
Affected: IC 14-37
Sec. 29.
"Common ownership or control" means those lands inside the boundaries of a common area within which the proceeds from the production of oil, gas, or coal bed methane are shared among all owners, including royalty and other interest owners, at an established allocation determined according to the terms of a lease, deed, unitization agreement, or similar instrument, including any integration order under IC 14-37-9-1(a) and integration orders by the department under IC 14-37-9-1(b) and IC 14-37 9-2. Production from any well within the common area is shared among the various interest owners regardless of the owner of the property on which the well is actually located.
312 IAC 29-2-29