Spacing, Pooling, Communitization, and Unitization
This course explores regulatory schemes and correlative rights in the oil and gas sector, detailing government involvement and objectives. It examines secondary recovery units, drilling requirements and restrictions, and the complexities of overlapping units and the "daisy-chain" effect, providing a comprehensive understanding of the regulatory landscape and its impact on operations.
Credit(s)
1
CO Approval ID
842676
Original Program Date
May 17, 2024
Duration
50 minutes
About this course
This course explores regulatory schemes and correlative rights in the oil and gas sector, detailing government involvement and objectives. It examines secondary recovery units, drilling requirements and restrictions, and the complexities of overlapping units and the "daisy-chain" effect, providing a comprehensive understanding of the regulatory landscape and its impact on operations.