45-9-38. Findings of board requiring order for unit operation of a pool.
The Board of Minerals and Environment shall make an order providing for the unit operation of a pool or part thereof if it finds that:
(1) Such operation is reasonably necessary to increase substantially the ultimate recovery of oil or gas; and
(2) The value of the estimated additional recovery of oil or gas exceeds the estimated additional cost incident to conducting such operations.
Source: SDC Supp 1960, § 42.0710 (2) as enacted by SL 1961, ch 211, § 1.
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