SECTION 165:5-15-5. Increased density orders

(a)   Required language; allowable restrictions. An increased density order where allowable restrictions have been imposed shall contain language obligating the applicant to:

(1)   Maintain a monthly allocation schedule for the well which schedule shall show the method used in calculating the allowable, production and the status as to overage or underage.

(2)   Furnish a copy of the schedule to each offsetting operator who entered an appearance in the cause.

(3)   File with the Gas Department of the Oil and Gas Conservation Division, no later than February 15 each year, a summary of the schedule showing the allowable and production for the calendar year and the status as to overage and underage as of December 31.

(b)   Termination of order. An increased density order shall terminate if the relief granted is not undertaken within one (1) year from the order's date of issuance, unless otherwise provided in the order.