Statutes, codes, and regulations
South Dakota Codified Laws
Title 45 - MINING, OIL AND GAS
Chapter 9 - OIL AND GAS CONSERVATION
Section 45-9-36 - Well completed prior to pooling of interest in spacing unit-Sharing of production-Calculation of costs

S.D. Codified Laws § 45-9-36

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Current with legislation signed by the governor on or before 3/6/2024
Section 45-9-36 - Well completed prior to pooling of interest in spacing unit-Sharing of production-Calculation of costs

In instances where a well is completed prior to the pooling of interests in a spacing unit, the sharing of production shall be from the effective date of the pooling except that, in calculating costs, credit shall be given for the value of the owner's share of any prior production from the well.

SDCL 45-9-36

SDC Supp 1960, § 42.0709 (3) as enacted by SL 1961, ch 211, § 1.