Property determination

The director recognizes the following as properties: 1. A unit. 2. A spacing unit. 3. Contiguous tracts within a lease. 4. A single well drilled and completed prior to July 1, 2013, is considered a single well stripper well property. A single well drilled and completed after June 30, 2013, is considered a single well stripper well. Any well or portion of a property previously qualified as a stripper well property may not be redesignated to be included in another property unless approved by the commission after notice and hearing or unless such property lies within a unitized common source of supply. All wells on the property must have been completed prior to July 1, 2013. A well completed after July 1, 2013, may not be added to an existing property.