Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter522 Oil and Gas |
GENERAL PROVISIONS |
NAC522.075. “Developed area,” “developed unit” defined.
Latest version.
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1. “Developed area” or “developed unit” means an area or unit having a completed well which is capable of producing oil or gas in profitable quantities.
2. If the division finds that any part of a unit is nonproductive, the developed area of the unit includes only that part which is productive.
[Div. of Mineral Res., § 119, eff. 12-20-79]—(NAC A by Dep’t of Minerals, 7-22-87)