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§ 45-9-38 Findings of board requiring order for unit operation of a pool.

SD Codified L § 45-9-38 (2019) (N/A)
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45-9-38. Findings of board requiring order for unit operation of a pool. The Board of Minerals and Environment shall make an order providing for the unit operation of a pool or part thereof if it finds that:

(1) Such operation is reasonably necessary to increase substantially the ultimate recovery of oil or gas; and

(2) The value of the estimated additional recovery of oil or gas exceeds the estimated additional cost incident to conducting such operations.Source: SDC Supp 1960, § 42.0710 (2) as enacted by SL 1961, ch 211, § 1.

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§ 45-9-37 Operation as unit of one or more pools--Consideration of need--Hearing.
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§ 45-9-39 Order of board for unit operation of a pool--Terms and conditions--Prescribing plan of operation--Essential elements of plan.