California · Public Resources Code - PRC
PRC §3320.1: (a) An agreement for the management, development and operation of two or more tracts in a pool or pools, or portions thereof, in a field as a unit without regard to separate ownerships for the product
What this law says, in plain English
This statute validates agreements among multiple oil and gas property owners to jointly manage, develop, and operate tracts as a single unit, and permits filing such agreements with a supervisor for approval.
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