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Oil Industry Probes Unitization for Better Recovery
The article outlines state action to encourage unitized pools and cooperative oil operations to protect correlative rights and prevent drainage. It highlights voluntary unitization progress, tax treatment, and the need to clarify laws to foster restoration of depleted fields via secondary recovery and efficient utilization. The piece notes industry research, technology gains, and calls for private development of synthetic fuels while detailing local well activity and major company budgets.
MENTIONED IN THIS ARTICLE
Yespion
Unii
Montana
Wyoming
North
South Dakota
Tihe Speralian
The
Herald