Virginia Administrative Code
Title 4 - CONSERVATION AND NATURAL RESOURCES
Agency 25 - DEPARTMENT OF ENERGY
Chapter 160 - VIRGINIA GAS AND OIL BOARD REGULATIONS
Section 4VAC25-160-120 - Applications to change the unit operator for a unit established by order of the board
Universal Citation: 4 VA Admin Code 25-160-120
Current through Register Vol. 41, No. 3, September 23, 2024
A. Transfer of the right to operate a unit established by the board must be approved by the board prior to the transfer of unit operations to a new operator.
1. For a voluntary transfer, the proposed new
unit operator shall file written notification of the proposed transfer of
operations.
2. An involuntary
transfer may be requested by an applicant or considered by the board on its own
motion if the unit operator has not continued gas or oil operations of the unit
with due diligence, or the permit for any well in the unit has been revoked by
the department.
B. The request for a transfer shall include:
1. The
name and address of the existing unit operator;
2. The name and address of the proposed new
unit operator;
3. Written approval
from the existing unit operator, or a detailed statement of the facts
supporting the removal of the existing operator; and
4. Identification of the order to be
amended.
C. The notice of the board hearing shall be provided under § 45.2-1618 of the Code of Virginia.
Statutory Authority: § 45.2-103 of the Code of Virginia.
Disclaimer: These regulations may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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