Oklahoma Administrative Code
Title 165 - Corporation Commission
Chapter 10 - Oil And Gas Conservation
Subchapter 15 - Oil Well Production and Allowables
Section 165:10-15-7 - Procedure for obtaining discovery allowable
Current through Vol. 41, No. 13, March 15, 2024
(a) Any operator desiring a discovery allowable shall file Form 1028 with the material and information specified below:
(b) The Conservation Division may administratively designate a discovery allowable for a well when the operator furnishes the Technical Department with the information specified in (a) of this Section. If the information is provided within 30 days of the date of first production and the application is approved, the effective date of the discovery allowable shall be the date of first production. If the information is provided more than 30 days after the date of first production and the application is approved, the discovery allowable shall be effective the date of filing.
(c) If a gas well in a discovery oil pool is reclassified as an oil well for allowable purposes, the operator must file the appropriate form, information and material specified in (a) of this Section within 30 days of reclassifying the well to obtain a discovery allowable. The allowable shall be effective the date the well was reclassified as an oil well as indicated on Form 1002A. If the application is not received within the specified time period, the application will be processed in accordance with (b) of this Section.