Nevada § 522.0824 - Voluntary unitization; petition for compulsory unitization
Full text of Nevada Nevada Revised Statutes § 522.0824 — Voluntary unitization; petition for compulsory unitization, with citation guidance and answers to common questions.
§ 522.0824. Voluntary unitization; petition for compulsory unitization
1. To prevent, or to assist in preventing waste, as prohibited by this chapter, to
ensure a greater ultimate recovery of oil and gas, and to protect the correlative
rights of persons owning interests in the tracts of land affected, those persons may
validly integrate their interests to provide for the unitized management, development
and operation of those tracts of land as a unit. Where those persons have not agreed so to integrate their interests, the Division,
upon proper petition, after notice and hearing, shall make and enforce such orders
and do such things as may be necessary or proper to carry out the purposes of NRS 522.0828 to 522.0878 , inclusive. 2. The petition must set forth a description of the proposed unit area with a map
or plat thereof attached, must allege the existence of the facts required to be found
by the Division as provided in NRS 522.0828 and must have attached thereto a recommended plan of unitization applicable to the
proposed unit area and which the petitioner considers to be fair, reasonable and equitable.
Frequently Asked Questions About Nevada § 522.0824
What does Nevada Revised Statutes § 522.0824 cover?
Section 522.0824 ("Voluntary unitization; petition for compulsory unitization") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 522.0824?
A common citation format is "Nevada Revised Statutes § 522.0824" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 522.0824 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.