ARTICLE 8. Recommendation of Maximum Efficient Rates of Production

Article 8 added by Stats. 1955, Ch. 258.

§§ 3450–3451 · 2 sections

• § 3450 The Legislature takes notice of the existence of the Conservation Committee of California Oil Producers and of the fact that said committee for a number of…
• § 3451 “Maximum Efficient Rate,” commonly referred to as “MER,” is defined as the highest daily rate of production which can be sustained economically from a…