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§ 14-37-9-3 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 14 - Natural and Cultural Resources/
  5. Article 37 - Oil and Gas/
  6. Chapter 9 - Integration and Forced Pooling14-37-9-1. Agreement to Integrate Interests; Commission Requiring Integration/
  7. § 14-37-9-3
Indiana Legal Code

§ 14-37-9-3

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(b) If an integration order is entered, the operator may assess each interested owner for the actual reasonable expenditures required in development and operations, including charges for supervision.(c) The operator is entitled to receive the first production from a well that otherwise would be credited to the other owners of the integrated interests, so that the proportionate share owed by the other owners for expenditures under this chapter is paid to the operator from production.(d) The value of the production shall be calculated at the market price in the field when the production is received by the operator or placed to the credit of the operator.[Pre-1995 Recodification Citations: 13-8-2-11; 13-8-11-3.]As added by P.L.1-1995, SEC.30.