§ 520.230 Approved agreement for cooperative or unit development of pool not to be construed as violating certain regulatory laws
§ 520.240 Voluntary unitization of operations by lessees of tidal or submersible lands; Department of State Lands function
§ 520.260 Hearing to determine need for unitization of operations; required findings; order
§ 520.270 Plan for unit operations
§ 520.280 Allocation of production under plan; ownership
§ 520.290 When unitization order to become effective; supplemental hearings
§ 520.300 Amending unitization order
§ 520.310 Unitization of area including area previously unitized; partial unitization of pool
§ 520.320 Unitization order does not terminate prior agreements or affect oil and gas rights; acquisition of property during unit operations
§ 520.330 Effect of operations in unit area

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Oregon Statutes > Chapter 520 > Unit Operations

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Field: means the general area underlaid by one or more pools. See Oregon Statutes 520.005
  • Gas: means all natural gas and all other fluid hydrocarbons not defined as oil in subsection (5) of this section, including condensate originally in the gaseous phase in the reservoir. See Oregon Statutes 520.005
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Oil: means crude petroleum oil and all other hydrocarbons, regardless of gravity, that are produced in liquid form by ordinary production methods, but does not include liquid hydrocarbons that were originally in a gaseous phase in the reservoir. See Oregon Statutes 520.005
  • Owner: means a person who has the right to drill into and to produce from any pool and to appropriate the oil or gas produced therefrom either for others, for the person or for the person and others. See Oregon Statutes 520.005
  • Person: means any natural person, partnership, corporation, association, receiver, guardian, fiduciary, administrator, representative of any kind, or the State of Oregon and any public body as defined in ORS § 174. See Oregon Statutes 520.005
  • Pool: means an underground reservoir containing a common accumulation of oil and natural gas. See Oregon Statutes 520.005
  • Protect correlative rights: means that the action or regulation by the board affords a reasonable opportunity to each person entitled thereto to recover or receive the oil or gas in the tract or tracts of the person or the equivalent thereof, without being required to drill unnecessary wells or to incur other unnecessary expense to recover or receive such oil or gas or its equivalent. See Oregon Statutes 520.005
  • Statute: A law passed by a legislature.
  • Unit area: means one or more pools or parts thereof under unit operation pursuant to ORS § 520. See Oregon Statutes 520.005
  • Violate: includes failure to comply. See Oregon Statutes 174.100
  • Well: includes a well drilled in search of a new or undiscovered pool, or with the intent of extending the limits of a developed pool. See Oregon Statutes 520.005