15A NCAC 05D .0103. DEFINITIONS

The terms used in this Subchapter shall have the definitions assigned by G.S. 113‑389.  In addition, the words defined in this Rule shall have the following meanings:

(1)           "Director" means the Director of the Division of Energy, Mineral, and Land Resources.

(2)           "Drilling unit" means the area which can be efficiently and economically drained by one well.

(3)           "Pooled unit" means one or more tracts of land, on which mineral ownership is different, that are consolidated and operated as a single tract for production of oil or gas either by voluntary agreement or by order of the department.

(4)           "Protection of correlative rights of equity" means that action or regulation by the department which affords a reasonable opportunity to each person entitled thereto to recover or receive the oil or gas under his tract or tracts without being required to drill unnecessary wells or incur unnecessary expenses to recover such oil or gas.

(5)           "Well spacing" means the pattern of minimum distances on the surface from lease boundary lines and from other wells drilling to or producible from the same pool.

 

History Note:        Authority G.S. 113‑391;

Eff. February 1, 1976;

Amended Eff. August 1, 2012 (see S.L. 2012-143, s.1.(f)); August 1, 1988; October 1, 1984; January 31, 1979.