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Simple English definitions for legal terms

unitization

Read a random definition: Federal Law Enforcement Training Center

A quick definition of unitization:

Unitization: In the oil and gas industry, unitization means bringing together all the wells in a particular area to work together for better production. This is usually done when the primary production starts to decrease, and it helps to make secondary recovery operations more efficient. It is also done to follow state laws about well-spacing. When unitization is done by order of a regulatory agency, it is called forced unitization, and when it is arranged by agreement of the owners of mineral interests, it is called voluntary unitization.

A more thorough explanation:

Definition: Unitization refers to the process of collecting producing wells over a reservoir for joint operations, especially for enhanced-recovery techniques in the oil and gas industry. It is usually carried out after primary production has declined significantly to allow efficient secondary-recovery operations. Unitization is also done to comply with well-spacing requirements established by state law or regulation. Unlike pooling, which is associated with drilling a single well and operating that well by primary-production techniques.

Examples:

  • Compulsory Unitization: This is unitization done by order of a regulatory agency. For instance, if the owners of mineral interests in a reservoir cannot agree on how to operate the wells jointly, a regulatory agency may order compulsory unitization to ensure efficient recovery of the resources.
  • Voluntary Unitization: This is unitization arranged by agreement of the owners of mineral interests. For example, if several companies own mineral rights in a reservoir, they may voluntarily agree to unitize their operations to reduce costs and increase efficiency.

The examples illustrate how unitization can be done either voluntarily or compulsorily to ensure efficient recovery of resources in a reservoir. It is a process that involves joint operations of producing wells to enhance recovery techniques and comply with state laws or regulations.

Uniting and Strengthening America | unitization clause

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ParallelAgreeableOrangutan
23:21
I don't visit y'all's profiles enough, clearly
NarrowFaithfulCougar
0:22
@NemoPropheta: Ahh yeah, the Sauna. That's some good Nordic shit. Beats the hot tub hands down. Plus everyone is naked.
1:23
@ParallelAgreeableOrangutan: got that weaponized autism in gear, we out here.
@llama: your cycle confuses me, your stats are good and you applied early but all of those Rs? Is there anything weird about your app?
do you have C&F issues or something?
also ur first choice is kansas but you didnt apply there?
12:55
@RasheedWallaceFan: Hi. Yes, I waited for April LSAT, put almost all apps (which were sent really early) so that basically most of my apps were reviewed In May. Shot myself in the foot for 155 -> 161 lmao. Would not recommend 10/10
12:57
@RasheedWallaceFan: unironically, KSLS was my top choice, however by April LSAT their app had closed. It was like waiting to date ur dream partner, but waiting until you graduate uni, then by the time u graduate uni, your soul mate is already married with 2.4 kids and 1.6 dogs. Heartbreak.exe fr fr
12:58
are you R&Ring?
13:00
No, I think what I will do is flip a coin: heds NKU, tails NEL|B what u guys think bout dat. Then once 1L - if good at LS, try to transfer, if bad at LS or one of my grandiose ideas/inventions are viable, drop out and pursue.
oh so you submitted the apps with a lower lsat and then retook
got it
Bettercaulsaul
13:33
Most schools will hold your application for the next test score to be released into your account as well. I was notified by an admissions director that if a decision is processed they will not retroactively go back for the new score even if higher
ParallelAgreeableOrangutan
13:34
I vote NEL-Boston so we can be friends :D
ParallelAgreeableOrangutan
13:34
But it says you withdrew?? :(
ParallelAgreeableOrangutan
13:41
@Bettercaulsaul: in my experience, there is often an option on the application for you to choose whether you'd like them to review your application as-is ASAP or hold it until your new score is released. but it probably varies by school—I just remember seeing that option on at least a few app forms
2:21
While I am unsure of what option you are referring to, I personally just emailed each school and asked for them to hold my app pending my lsat score release.
2:22
Sorry WNE = Western New England not NEL|B
14:50
Hey guys is anyone online rn
14:51
I need adviceee
15:48
shooooot
hey y'all so im gonna be honest im completely new to all this, i kinda bullshitted and took the LSAT and i have no clue what my odds are of getting into schools. 163 LSAT, 3.17 GPA, and a double major in undergrad i may write about in an addendum
Based on the list I see you made on your profile, you will need to make significant LSAT improvement for those schools to be contenders. Your primary focus should probably be working to get your LSAT practice tests up to a number you are happy with before you retest, and then test until you get a score you like. Don't rush an application cycle or apply late since those will hurt your odds of getting into your school as a splitter. Good luck!
oh that was literally just random stuff i dont know how this works
thank you so much!
im retaking in 4 days, and maybe again in august, and i was gonna apply to see what i got, and if i didnt like it i was going to wait till next cycle and work on improving my GPA
@InnateMatureRhino: wow rude
yall need help fr
0:51
chat should i go to uc davis or loyola
TheOrangeGorillla
1:58
https://www.lsd.law/users/creep/UnsuitableExoticTiger Is this real chat?
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