ORS 520.280
Allocation of production under plan

  • ownership

(1)

The allocation described in ORS 520.270 (Plan for unit operations) (3) shall be in accord with the agreement, if any, of the interested parties. If there is no such agreement, the governing board of the State Department of Geology and Mineral Industries shall determine the relative value, from evidence introduced at the hearing, of the separately owned tracts in the unit area, exclusive of physical equipment, for development of oil and gas by unit operations. The production allocated to each tract shall be the proportion that the relative value of each tract so determined bears to the relative value of all tracts in the unit area.

(2)

That portion of the unit production allocated to any tract, and the proceeds from the sale thereof, are the property and income of the several persons to whom, or to whose credit, they are allocated or payable under the order providing for unit operations. [1961 c.671 §§4,10]

Source: Section 520.280 — Allocation of production under plan; ownership, https://www.­oregonlegislature.­gov/bills_laws/ors/ors520.­html.

520.005
Definitions 520.017
Fees 520.025
Permit for drilling well or using well 520.027
Information holes 520.035
Waste of oil or gas prohibited 520.045
Determination of waste of oil or gas 520.055
General jurisdiction and authority of board 520.095
Rules and orders 520.097
Abandonment or completion of well 520.125
Authority of board to summon witnesses and require production of evidence 520.145
Judicial review of board or department actions 520.155
Records, accounts, reports and writings not to be falsified, altered, destroyed or removed from state 520.165
Aiding or abetting in violation of chapter prohibited 520.175
Injunctions to restrain violation or threatened violation of chapter 520.210
Establishment of spacing units for pool or field 520.220
Integrating interests or tracts within spacing unit 520.230
Approved agreement for cooperative or unit development of pool not to be construed as violating certain regulatory laws 520.240
Voluntary unitization of operations by lessees of tidal or submersible lands 520.260
Hearing to determine need for unitization of operations 520.270
Plan for unit operations 520.280
Allocation of production under plan 520.290
When unitization order to become effective 520.300
Amending unitization order 520.310
Unitization of area including area previously unitized 520.320
Unitization order does not terminate prior agreements or affect oil and gas rights 520.330
Effect of operations in unit area 520.340
Legislative findings 520.350
Property rights in underground reservoirs for natural gas storage 520.991
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 520.280’s source at oregon​.gov