522.086 - Operations under plan are considered fulfillment of provisions in contracts relating to pool in unit.
522.086 Operations under plan are considered fulfillment of provisions in contracts relating to pool in unit. Operations carried on under and in accordance with the plan of unitization must be considered as a fulfillment of a compliance with all of the provisions, covenants and conditions, express or implied, of the several oil and gas leases upon lands included with the unit area, or other contracts pertaining to the development thereof insofar as those leases or other contracts may relate to the pool or portion thereof included in the unit area. Wells drilled or operated on any part of the unit area, no matter where located, must for all purposes be regarded as wells drilled on each separately owned tract within the unit area.
(Added to NRS by 1983, 2077)