Section 120. Applications to change the unit operator for a unit established by order of the board

A. Transfer of the right to operate a unit established by the board must be approved by the board prior to the transfer of unit operations to a new operator.

1. For a voluntary transfer, the proposed new unit operator shall file written notification of the proposed transfer of operations.

2. An involuntary transfer may be requested by an applicant or considered by the board on its own motion if the unit operator has not continued gas or oil operations of the unit with due diligence, or the permit for any well in the unit has been revoked by the department.

B. The request for a transfer shall include:

1. The name and address of the existing unit operator;

2. The name and address of the proposed new unit operator;

3. Written approval from the existing unit operator, or a detailed statement of the facts supporting the removal of the existing operator; and

4. Identification of the order to be amended.

C. The notice of the board hearing shall be provided under § 45.1-361.19 B of the Code of Virginia.

Historical Notes

Derived from VR480-05-22.2 § 12, eff. October 23, 1991; amended, Volume 13, Issue 22, eff. August 20, 1997.

Statutory Authority

§ 45.1-361.15 of the Code of Virginia.