Definition(s)
Property Line
Property Line―as used herein shall mean the boundary dividing tracts on which mineral rights, royalty, or leases are separately owned, except that where conventional units shall have been created for the drilling of the well, the boundaries of the unit shall be considered the property line.1
Source(s)
1. Natural Resources, Office of Conservation – General Operations, Louisiana Administrative Code, Title 43, Part XIX, March 2013. Regulations