47-312. ACT NOT CONSTRUED TO RESTRICT PRODUCTION — WASTE PROHIBITED. It is not the intent or purpose of this law to require the proration or distribution or the production of oil and gas among the fields of Idaho on the basis of market demand. This act shall never be construed to require, permit, or authorize the commission or any court to make, enter, or enforce any order, rule, regulation or judgment requiring restriction of production due to market demand of any pool or of any well (except as provided in section 47-315, Idaho Code, hereof) to an amount less than the well or pool can produce without waste in accordance with sound engineering practices. The waste of oil and gas or either of them as defined in this chapter is hereby prohibited.
History:
[(47-312) 47-328, added 1963, ch. 148, sec. 14, p. 433; am. 2012, ch. 73, sec. 5, p. 215; am. and redesig. 2017, ch. 271, sec. 4, p. 681.]
Structure Idaho Code
Chapter 3 - OIL AND GAS WELLS — GEOLOGIC INFORMATION, AND PREVENTION OF WASTE
Section 47-307 - USE OF INFORMATION.
Section 47-311 - PUBLIC INTEREST.
Section 47-312 - ACT NOT CONSTRUED TO RESTRICT PRODUCTION — WASTE PROHIBITED.
Section 47-313 - LANDS SUBJECT TO THIS ACT.
Section 47-315 - AUTHORITY OF COMMISSION.
Section 47-316 - PERMIT TO DRILL OR TREAT A WELL — FEES.
Section 47-317 - DRILLING LOCATIONS.
Section 47-318 - WELL SPACING.
Section 47-320 - INTEGRATION OF TRACTS — ORDERS OF DEPARTMENT.
Section 47-321 - UNIT OPERATIONS.
Section 47-322 - OIL AND GAS METERING SYSTEMS.
Section 47-323 - COMMINGLING OF PRODUCTION.
Section 47-324 - REPORTING REQUIREMENTS.
Section 47-325 - FALSIFICATION OF RECORDS — LIMITATION OF ACTIONS.
Section 47-327 - CONFIDENTIALITY OF WELL AND TRADE INFORMATION.
Section 47-328 - RULES FOR COMMISSION — ADMINISTRATIVE PROCEDURES.
Section 47-329 - POWERS OF COMMISSION — WITNESSES — PENALTY.
Section 47-330 - OIL AND GAS CONSERVATION FUND CREATED — TAX.
Section 47-331 - OBLIGATION TO PAY ROYALTIES AS ESSENCE OF CONTRACT — INTEREST.
Section 47-332 - REPORTS TO ROYALTY OWNERS.
Section 47-333 - ACTION FOR ACCOUNTING FOR ROYALTY.
Section 47-334 - USE OF SURFACE LAND BY OWNER OR OPERATOR.
Section 47-335 - PRODUCERS — MONTHLY STATEMENTS — IDAHO STATE TAX COMMISSION.
Section 47-336 - INTERSTATE COMPACT FOR CONSERVATION OF OIL AND GAS RATIFIED.