Alaska Administrative Code
Title 20 - Miscellaneous Boards and Commissions
Chapter 25 - Alaska Oil and Gas Conservation Commission
Article 1 - Drilling
20 AAC 25.020 - Designation of operator

Universal Citation: 20 AK Admin Code 20 AAC 25.020

Current through February 27, 2024

(a) If an owner of a property wishes to designate a new operator for the property, the owner shall submit to the commission for approval a Designation of Operator (Form 10-411). The commission will not approve the designation of a new operator without the signature of the newly designated operator on the same Designation of Operator form. By signing the Designation of Operator form, the newly designated operator agrees to accept the obligations of an operator. The newly designated operator shall furnish a bond and, if required, security as provided for in 20 AAC 25.025. The commission's acceptance of the designated operator's bond constitutes the release of the former operator's bonding obligation for the property indicated on the Designation of Operator form.

(b) The operator shall notify the commission in writing not later than 30 days after any change in the operator's office address, primary telephone number, electronic mail address, or principal contact.

Authority: AS 31.05.030

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