Section 41.06.030. Unitization.

   (a) The commissioner shall require the filing and approval of a plan of development and operation on a geothermal system that includes state land.
   (b) Lessees of all or part of a geothermal system that includes state land may enter into a unit agreement for cooperative development, with the approval of the commissioner. The commissioner may suspend or modify the approved development plan in accordance with the unit agreement.
   (c) If the owners of at least two-thirds of the leasehold interests in a geothermal system ratify a unit agreement approved under (b) of this section by the commissioner, the commissioner may enforce the agreement as to lessees not a party to the agreement by allocating production under the principle of correlative rights and by apportioning costs and revenues.
   (d)  [Repealed, Sec. 18 ch 38 SLA 2010].
   (e) The commissioner may adopt regulations under AS 44.62 to carry out the purposes and intent of this chapter for duties assigned to the department, including the promotion of maximum economic recovery.

Notes

Implemented As

11 AAC 84.815
11 AAC 84.820
11 AAC 84.830
11 AAC 84.845
11 AAC 84.870
11 AAC 84.875
11 AAC 84.880
11 AAC 87.120

History

(Sec. 6 ch 175 SLA 1980; am Sec. 6 - 9, 18 ch 38 SLA 2010)