Section 14-38-1-23 - Offset well(a) A lease must provide that the lessee shall drill an offset well to a well on adjoining land that:(1) is within three hundred thirty (330) feet of an outer boundary of the land covered by the lease; and(2) is producing petroleum in paying quantities and draining the land covered by the lease.(b) The offset must be: (1) started within ninety (90) days from the completion of the adjoining well; and(2) drilled with due diligence to completion.Pre-1995 Recodification Citation: 14-4-3-19.
As added by P.L. 1-1995, SEC.31.