compulsory unitization

compulsory unitization
A term, sometimes used interchangeably with "compulsory pooling," although it refers to joint operations on a large scale, comprehending a measure in the interest of conservation for combining oil drilling or gas drilling operations into single units. Superior Oil Co. v Foote, 214 Miss 857, 59 So 2d 85, 37 ALR2d 415.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем решить контрольную работу

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”