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 11.83.326. Standard unit agreement.
Latest version.
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(a) Except as provided in 11 AAC 83.393, and as otherwise provided in this section, a unit agreement must be executed on, or in a manner consistent with, a standard state unit agreement form. (b) The commissioner will allow a modification of the standard state unit agreement form, upon request by the unit applicant, when the commissioner determines that the modification is reasonably required to meet the needs and requirements of the particular unit considering the facts and conditions found to exist with respect to that unit, and the proposed modification meets the provisions of 11 AAC 83.303. The commissioner will require a modification of the standard state unit agreement form if required to meet the provisions of 11 AAC 83.303. Any request by the unit applicant for modification of the standard state unit agreement form must be made in writing not later than the time an application is submitted for approval under 11 AAC 83.306 and must include an explanation of proposed modifications.
Authorities
38.05.020;38.05.145;38.05.180
Notes
Authority
AS 38.05.020 AS 38.05.145 AS 38.05.180History
Eff. 6/28/81, Register 78; am 3/18/83, Register 85