Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 11. Natural Resources. |
Part 11.1. Office of the Commissioner. |
Chapter 11.83. Oil and Gas Leasing. |
Article 11.83.1. General Oil and Gas Lease Provisions. |
Section 11.83.135. Shut-in production.
Latest version.
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No lease covering land on which there is a well capable of producing oil or gas in paying quantities will expire because the lessee fails to produce oil or gas, unless the commissioner gives notice to the lessee or operator allowing a reasonable time, which will not be less than 60 days after receipt of notice, to place the well on a producing status and the lessee or operator fails to do so. After producing status is established, production must continue on the leased land until suspension of production is allowed by the commissioner.
Authorities
38.05.020;38.05.140;38.05.180
Notes
Authority
AS 38.05.020 AS 38.05.140(d) AS 38.05.180History
Eff. 9/5/74, Register 51; am 7/22/79, Register 71