Oregon Revised Statutes Chapter 520 § 520.320 — Unitization order does not terminate prior agreements or affect oil and gas
Oregon Revised Statutes Chapter 520 ·
Oregon Code § 520.320·Enacted ·Last updated March 01, 2026
Statute Text
Unitization order does not terminate prior agreements or affect oil and gas
rights; acquisition of property during unit operations.
(1) No division order or other
contract relating to the sale or purchase of production from a separately owned
tract may be terminated by the order providing for unit operations, but remains
in force and applies to oil and gas allocated to that tract until terminated in
accordance with the provisions thereof.
(2) Except to the
extent that the parties affected so agree, no order providing for unit
operations results in a transfer of all or any part of the title of any person
to the oil and gas rights in any tract in the unit area.
(3) All property,
whether real or personal, that may be acquired in the conduct of unit
operations under ORS 520.260 to 520.330 and 520.230 (2) shall be acquired for
the account of the owners within the unit area, and is the property of such
owners in the proportion that the expenses of unit operations are charged. [1961
c.671 §§11,12]
Plain English Explanation
This Oregon statute addresses Unitization order does not terminate prior agreements or affect oil and gas
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 520.320
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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