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Alabama oil and gas conservation act establishes board
The act creates the State Oil and Gas Board to regulate drilling production and waste, set drilling units, require pooling, prorate allowable production, and impose a 2 percent gross value tax with funds directed to enforcement. It defines terms, duties, penalties, and procedures for monitoring wells, transportation, and illegal oil or gas.
MENTIONED IN THIS ARTICLE
Johnston and Redd
Alabama
State Oil and Gas Board
State of
Oil and Gas Fund
State Oil and Gas
Supreme Court
State and Gas
State Oil and
Department of Revenue
Tate