(DOWNLOAD) "Santa Fe Exploration Co. V. Oil Conservation Commissioner" by New Mexico Supreme Court # Book PDF Kindle ePub Free

eBook details

Title: Santa Fe Exploration Co. V. Oil Conservation Commissioner
Author : New Mexico Supreme Court
Release Date : January 27, 1992
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 83 KB

Description

In December 1988, at the request of Santa Fe, the Division issued Order No. R-8806, which established the Pool and the rules and regulations governing operation of the Pool. These rules established standard well spacings and a standard unit size of 160 acres; regulated the distances that wells could be placed from other wells, the Pool boundary, other standard units, and quarter-section lines; set production limits for wells in the Pool; and outlined procedures for obtaining exceptions to the rules. The order also approved Santa Fe's Holstrom Federal Well No. 1 (the "Holstrom well") for production, which Santa Fe began producing at the rate of 200 barrels per day.