Oregon Statutes 522.465 – Appointment of unit operator
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As part of a proposed rule or order designating a unit area and approving a unitization plan or as part of a unit agreement, the working interest owners under the agreement, within the time specified by the governing board of the State Department of Geology and Mineral Industries, shall appoint the unit operator. If the working interest owners do not make the appointment within the specified time, the board shall appoint the unit operator. [1981 c.588 § 14]
Terms Used In Oregon Statutes 522.465
- Board: means the governing board of the State Department of Geology and Mineral Industries. See Oregon Statutes 522.005
- Department: means the State Department of Geology and Mineral Industries. See Oregon Statutes 522.005
- Operator: means the person:
(a) Who possesses the legal right to drill a geothermal well;
(b) Who has obtained a drilling permit pursuant to ORS § 522. See Oregon Statutes 522.005
- Unit agreement: means an agreement or plan of development and operation developed under the provisions of ORS § 273. See Oregon Statutes 522.005
- Unit area: means the area described in a unit agreement that constitutes the land subject to development under the agreement. See Oregon Statutes 522.005
- Unit operator: means the person designated in the unit agreement to manage and conduct the operation involving unitized land. See Oregon Statutes 522.005
- Working interest: means an interest in geothermal resources or in land containing geothermal resources that is held under a lease, operating agreement, fee title or otherwise and under which, except as otherwise provided in a unit or cooperative agreement, the owner of the interest has the right to explore for, develop, produce or utilize the resources. See Oregon Statutes 522.005
[1971 c.776 § 22; 1973 c.388 § 5; repealed by 1975 c.552 § 55]