N.D. Admin. Code 43-02-03-67

Current through Supplement No. 394, October, 2024
Section 43-02-03-67 - Oil proration

At the beginning of each calendar month, the distribution or proration to the respective proration units shall be changed in order to take into account all new wells which have been completed and were not in the proration schedule during the previous calendar month. Where any well is completed between the first and last day of the calendar month, its proration unit shall be assigned an allowable beginning at seven a.m., on the date of completion and for the remainder of that calendar month.

N.D. Admin Code 43-02-03-67

Amended by Administrative Rules Supplement 2014-352, April 2014, effective April 1, 2014. .

General Authority: NDCC 38-08-04, 38-08-06

Law Implemented: NDCC 38-08-04, 38-08-06