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AK SB244
Bill
AI Summary
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Changes AS 31.05.100(a) to allow the commission to establish drilling units discretionarily rather than mandating it after a hearing for prevention of waste and protection of correlative rights.
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Removes the requirement for notice and hearing before granting exceptions to spacing patterns when a unit is partly outside a pool or when drilling would be nonproductive or unduly burdensome.
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Simplifies language regarding commission actions to offset advantages gained by exception holders and ensure equitable production shares in pools.
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Adds new subsection (f) authorizing the commission to adopt well spacing regulations specifically to protect correlative rights.
Legislative Description
Hearing Establish Drilling Units/spacing
Oil & Gas
Last Action
REFERRED TO RESOURCES
5/2/2022