Rule 74:12:04:18 Transfer of oil and gas operations.
of ownership of oil and gas operations. The current operator of any oil,
gas, or Class II injection well shall submit to the department a completed
notice of transfer of ownership or operation, on a form provided by the
secretary, by certified mail within ten days of the closing date of the
transfer. If not already on file with the department, the transfer form must be
accompanied by an organization report, a plugging and performance bond, a
surface restoration bond, a bonding company information sheet, a certification
of applicant form, and a permission to inspect the form. The transfer is
effective upon approval by the secretary.
38 SDR 117, effective January 12, 2012.
Authority: SDCL 45-9-11, 45-9-13.
Implemented: SDCL 45-9-11, 45-9-73.
Transfer of permits to inject, § 74:12:07:06.
Back to 74:12:04