PRODUCTION ALLOCATION UNIT AGREEMENT (OIL SANDS WELL)Production Allocation Unit Agreement • January 12th, 2023
The Parties wish to promote economic production of the Production Allocation Substances by the avoidance of unnecessary drilling;
Commented [CB2]:Production Allocation Unit Agreement • September 12th, 2022
The name is based on the field/pool of the unit well at the proposal stage. Alberta Energy’s internal system dictates the name of the unit which follows the format of the field/pool based on the proposed unitized well. If the unit name already exists, then by default a sequential number will be added at the end of the unit name. E.g. Provost (field) Cummings (pool) Agreement No. 1 or Provost Cummings Unit No. 2, etc. If necessary Alberta Energy will advised the applicant to change the unit name.
