S.B.
213
COMPULSORY POOLING AMENDMENTS
Senate Floor
Amendments
Amendment 1 March 5, 2014 2:25 PM
Senator Ralph Okerlund
proposes the following amendments:
1. Page
1, Lines 12 through 14
:
12
. authorizes the Board of Oil, Gas, and Mining to assess against a nonconsenting
13
owner in a compulsory pooling order up to
{
500%
}
400%
of the nonconsenting owner's
14
share of:
2. Page
3, Lines 81 through 85
:
81
(D) an amount to be determined by the board but not less than 150% nor greater than
82
[300%]
{
500%
}
400%
of the nonconsenting owner's share of the costs of staking the location,
wellsite
83
preparation, rights-of-way, rigging up, drilling, reworking, recompleting, deepening or
84
plugging back, testing, and completing, and the cost of equipment in the well to and including
85
the wellhead connections.
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LRGC
rfrost
rfrost
Y 03/03/14 4:38p