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ND HB1355
Bill
Status
2/25/2013
Primary Sponsor
George Keiser
Click for details
AI Summary
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Applies to oil and gas leases executed after July 31, 2013, and defines what constitutes "engaged in drilling or reworking operations" or "commence drilling or reworking operations"
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Well site preparation, staking, and surveying must occur before the primary term expires
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Drill site must be substantially completed and ready for a drilling rig within 15 days of primary term expiration
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For single well pads, a drilling rig capable of reaching total vertical depth must be on-site within 45 days of primary term expiration
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For multi-well pads, a drilling rig capable of reaching total vertical depth must be on-site within 90 days of primary term expiration; time delays caused by force majeure events are added to these deadlines
Legislative Description
Definition of commencement of drilling operations.
Last Action
Second reading, failed to pass, yeas 2 nays 43
4/11/2013