Idaho Admin. Code r. 20.07.02.221

Current through September 2, 2024
Section 20.07.02.221 - TRANSFER OF DRILLING PERMITS

No person to whom a permit has been issued shall transfer the permit to any other location or to any other person until the following requirements have been complied with:

01.Prior to Drilling Well. If, prior to the drilling of a well, the person to whom the permit was originally issued desires to change the location, he shall submit a letter so stating and another application properly filled out showing the new location. Drilling shall not be started until the transfer has been approved and the new permit posted at the new location.
02.During Drilling or After Completion. If, while a well is being drilled or after it has been completed, the person to whom the permit was originally issued disposes of his interest in the well, he shall submit a written statement to the Department setting forth the facts and requesting that the permit be transferred to the person who has acquired the well.
03.Terms for Acceptance of Transfer. Before the transfer of a drilling permit shall be recognized, the person who has acquired the well must submit a written statement setting forth that he has acquired such well and assumes full responsibility for its operation and abandonment in conformity with the law, rules, regulations, and orders issued by the Commission. If bond is required to guarantee compliance with the rules and regulations of the Commission, the person acquiring such well shall furnish bond.

Idaho Admin. Code r. 20.07.02.221

Effective March 18, 2022