Offset well

Sec. 23. (a) A lease must provide that the lessee shall drill an offset well to a well on adjoining land that: (1) is within three hundred thirty (330) feet of an outer boundary of the land covered by the lease; and (2) is producing petroleum in paying quantities and draining the land covered by the lease. (b) The offset must be: (1) started within ninety (90) days from the completion of the adjoining well; and (2) drilled with due diligence to completion. [Pre-1995 Recodification Citation: 14-4-3-19.] As added by P.L.1-1995, SEC.31.