North Dakota Administrative Code
Title 43 - Industrial Commission
Article 43-02 - Mineral Exploration and Development
Chapter 43-02-10 - Certification of Secondary and Tertiary Recovery Projects - Determination of Incremental Production
Section 43-02-10-03 - Commission certification of secondary recovery project
Current through Supplement No. 392, April, 2024
Upon the filing of an application for certification of a qualifying secondary recovery project, the commission shall promptly set a date for hearing. In determining whether a secondary recovery project shall be certified as a "qualifying secondary recovery project", the commission shall determine:
1. The amount of crude oil which would have been recovered from the unit source of supply if the secondary recovery project had not been commenced; and
2. Whether, for the purposes of a tax exemption and subsequent thereto the tax reduction, there has been incremental production.
General Authority: NDCC 38-08-04
Law Implemented: NDCC 38-08-04, 57-51.1-03