1072
PUBLIC LAWS-CH. 337-JULY 20, 1939
[53 STA|T.
Texas, California, and New Mexico, and thereafter recommended
for ratification by the representatives of the States of Arkansas,
Colorado, Illinois, Kansas, and Michigan, and subsequently ratified
by the States of New Mexico, Kansas, Oklahoma, Illinois, Colorado,
and Texas, which said compact was deposited in the Department of
State of the United States, and thereafter such compact was, by the
President, presented to the Congress and the Congress gave consent
to such compact by H. J. Res. 407, approved August 27, 1935 (Public
49Stat. 3o.
Resolution Numbered 64, Seventy-fourth Congress), and which said
compact was thereafter extended and renewed for a period of two
years from September 1, 1937, by an agreement executed in New
Orleans, Louisiana, the 10th day of May 1937, by the representatives
of the States of Oklahoma, Texas, Kansas, and New Mexico, and
was duly ratified by the States of Oklahoma, Texas, Kansas, New
Mexico, Illinois, and Colorado, and was deposited in the Department
of State of the United States, and thereafter such extended and
renewed compact was, by the President, presented to the Congress
and the Congress gave consent to such extended and renewed com-
pact by S. J. Res. 183, approved August 10, 1937 (Public Resolution
sOstat.617.
Numbered 57, Seventy-fifth Congress).
The extended and renewed compact, dated the 5th day of April
1939, duly executed by the representatives of the States of Oklahoma,
Texas, Kansas, New Mexico, Colorado, and Michigan, and duly
authorized and ratified by the said States of Oklahoma, Texas, Kansas,
New Mexico, Colorado, and Michigan, and which extended and
renewed compact has been deposited in the Department of State of
Textofcompact.
the United States, reads as follows:
"AN AGREEMENT TO EXTEND THE INTERSTATE COMPACT TO CONSERVE
OIL AND GAS
"Whereas, on the 16th day of February 1935, in the city of Dallas,
Texas, there was executed 'An interstate compact to conserve oil
and gas' which was thereafter formally ratified and approved by
the States of Oklahoma, Texas, New Mexico, Illinois, Colorado,
and Kansas, the original of which is now on deposit with the
Department of State of the United States, a true copy of which
follows:
"AN INTERSTATE COMPACT TO CONSERVE OIL AND GAS
"ARTICLE I
"This agreement may become effective within any compacting State
at any time as prescribed by that State, and shall become effective
within those States ratifying it whenever any three of the States of
Texas, Oklahoma, California, Kansas, and New Mexico have ratified
and Congress has given its consent. Any oil-producing State may
become a party hereto as hereinafter provided.
"ARTICLE II
"The purpose of this compact is to conserve oil and gas by the
prevention of physical waste thereof from any cause.
"ARTICLE III
"Each State bound hereby agrees that within a reasonable time it
will enact laws, or if laws have been enacted, then it agrees to con-
tinue the same in force, to accomplish within reasonable limits the
prevention of:
"(a) The operation of any oil well with an inefficient gas-oil ratio.
" (b) The drowning with water of any stratum capable of produc-
ing oil or gas, or both oil and gas in paying quantities.
�
