(765 ILCS 525/0.01) (from Ch. 96 1/2, par. 5100)
Sec. 0.01.
Short title.
This Act may be cited as the
Oil and Gas Recovery Act.
(Source: P.A. 86-1324.)
|
(765 ILCS 525/1) (from Ch. 96 1/2, par. 5101)
Sec. 1.
It is hereby declared to be the law of the State of Illinois that
the grant in an oil and gas lease or contract to a lessee or operator of
the right or power, in substance, to explore for and remove all oil and gas
from any lands in the State of Illinois, in the absence of an express
provision to the contrary therein contained, includes the right of the
lessee, or his heirs or assigns, to do what a prudent operator using
reasonable diligence, would do having in mind the best interests of the
lessor and lessee, in producing and removing oil and gas, and includes the
use of practices and methods employed by the oil and gas industry,
including the injection of air, gas, water and other fluids into the
productive formations or strata, and cycling and recycling of gas, when
done upon the authority of and under the rules, regulations and orders of
the Department of Natural Resources.
(Source: P.A. 89-445, eff. 2-7-96.)
|