Fla. Stat. 377.29
Agreements in interest of conservation

Agreements made in the interest of conservation of oil or gas, or both, or for the prevention of waste, between and among owners and operators, or both, owning separate holdings in the same oil or gas pool, or in any area that appears from geological or other data to be underlaid, by a common accumulation of oil or gas, or both, or between and among such owners or operators, or both, and royalty owners therein, of the pool or area, or any part thereof, as a unit for establishing and carrying out a plan for the cooperative development and operation thereof, when such agreements are approved by the division, are hereby authorized and shall not be held or construed to violate any of the statutes of this state relating to trusts, monopolies, or contracts and combinations in restraint of trade.

Source: Section 377.29 — Agreements in interest of conservation, https://www.­flsenate.­gov/Laws/Statutes/2024/0377.­29 (accessed Aug. 7, 2025).

377.01
Governor to enter into interstate compact to conserve oil and gas 377.03
Extension of compact 377.04
Official report of state 377.06
Public policy of state concerning natural resources of oil and gas 377.07
Division of Resource Management 377.10
Certain persons not to be employed by division 377.18
Common sources of oil and gas 377.19
Definitions 377.20
Waste prohibited 377.21
Jurisdiction of division 377.22
Rules and orders 377.23
Monthly reports to division 377.24
Notice of intention to drill well 377.25
Production pools 377.26
Location of wells 377.27
Drilling units 377.28
Cycling, pooling, and unitization of oil and gas 377.29
Agreements in interest of conservation 377.30
Limitation on amount of oil or gas taken 377.31
Evidence of rules and orders 377.32
Issuance of subpoenas 377.33
Injunctions against division 377.34
Actions and injunctions by division 377.35
Suits, proceedings, appeals, etc 377.36
False entries and statements 377.37
Penalties 377.38
Illegal oil, gas, and other products 377.39
Seizure and sale of illegal oil, gas, or product 377.40
Negligently permitting gas and oil to go wild or out of control 377.41
Disposition of fines 377.42
Big Cypress Swamp Advisory Committee 377.075
Division of Technical Services 377.241
Criteria for issuance of permits 377.242
Permits for drilling or exploring and extracting through well holes or by other means 377.243
Conditions for granting permits for extraction through well holes 377.244
Conditions for granting permits for surface exploratory and extraction operations 377.245
Provision for distribution of earnings to lessees or owners of the fractional undivided mineral rights not owned by applicant for permit under ss 377.247
Designation and distribution of earnings owed to owners of mineral rights who are unknown or unlocated 377.371
Pollution prohibited 377.2407
Natural gas storage facility permit application to inject gas into and recover gas from a natural gas storage reservoir 377.2408
Application to conduct geophysical operations 377.2409
Geophysical activities 377.2411
Lawful right to drill, develop, or explore 377.2421
Division to review federal applications 377.2424
Conditions for granting permits for geophysical operations 377.2425
Manner of providing security for geophysical exploration, drilling, and production 377.2426
Abandonment of geophysical holes 377.2431
Conditions for granting permits for natural gas storage facilities 377.2432
Natural gas storage facilities 377.2433
Protection of natural gas storage facilities 377.2434
Property rights to injected natural gas 377.2435
Rule adoption relating to natural gas storage

Current through Fall 2025

§ 377.29. Agreements in interest of conservation's source at flsenate​.gov