Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Statute 57 910 11 — Nebraska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Nebraska/
  4. Chapter 57 - Minerals, Oil, and Gas57-101 - Coal and Iron Development; State Aid; Conditions/
  5. Article 9/
  6. Statute 57 910 11
Nebraska Legal Code

Statute 57 910 11

Ask AI about this
57-910.11. Unit or cooperative development; owner of land not subject to lease; obligation to pay share of costs of unit operation; effect.Notwithstanding any provisions in sections 57-910 to 57-910.12 to the contrary, any person who owns an oil or gas interest within the unit area in a tract which is not subject to an oil and gas lease or similar contract shall be deemed, for purposes of this section, an owner obligated to pay costs of unit operations to the extent of seven-eighths of such interest and shall be deemed a royalty owner to the extent of one-eighth of such interest free from such costs.Source Laws 1965, c. 343, § 12, p. 980.

57-910.11. Unit or cooperative development; owner of land not subject to lease; obligation to pay share of costs of unit operation; effect.Notwithstanding any provisions in sections 57-910 to 57-910.12 to the contrary, any person who owns an oil or gas interest within the unit area in a tract which is not subject to an oil and gas lease or similar contract shall be deemed, for purposes of this section, an owner obligated to pay costs of unit operations to the extent of seven-eighths of such interest and shall be deemed a royalty owner to the extent of one-eighth of such interest free from such costs.Source Laws 1965, c. 343, § 12, p. 980.