2011 Alaska Statutes
Title 41. PUBLIC RESOURCES
Chapter 41.06. GEOTHERMAL RESOURCES
Sec. 41.06.030. Unitization.


AK Stat § 41.06.030 (through 27th Leg Sess 2012) What's This?

(a) The commissioner shall require the filing and approval of a plan of development and operation on a geothermal system that includes state land.

(b) Lessees of all or part of a geothermal system that includes state land may enter into a unit agreement for cooperative development, with the approval of the commissioner. The commissioner may suspend or modify the approved development plan in accordance with the unit agreement.

(c) If the owners of at least two-thirds of the leasehold interests in a geothermal system ratify a unit agreement approved under (b) of this section by the commissioner, the commissioner may enforce the agreement as to lessees not a party to the agreement by allocating production under the principle of correlative rights and by apportioning costs and revenues.

(d) [Repealed, Sec. 18 ch 38 SLA 2010].

(e) The commissioner may adopt regulations under AS 44.62 to carry out the purposes and intent of this chapter for duties assigned to the department, including the promotion of maximum economic recovery.

Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.