Article 128. Conservation and liquidation of technological facilities Code on Subsoil and Subsoil Use Republic of Kazakhstan
1. At any time before the expiration of the period of exploration or production of hydrocarbons, the subsurface user has the right to carry out conservation or liquidation of individual technological facilities used in conducting subsurface use operations, including structures, equipment, wells and other property.
At the same time, during the production period under the contract for exploration and production or production of hydrocarbons, the subsurface user is obliged to liquidate wells that are subject to liquidation for technical and (or) geological reasons and cannot be used for other purposes in accordance with the field development project.
2. Technological facilities are liquidated or preserved in accordance with the project of liquidation or conservation of technological facilities approved by the subsurface user and having received positive conclusions provided for by this Code and other laws of the Republic of Kazakhstan, with the exception of certain categories of wells provided for in the rules of conservation and liquidation during exploration and production of hydrocarbons, approved by the authorized body in the field of hydrocarbons, the liquidation or conservation of which It is carried out in accordance with the liquidation and conservation plan.
3. The requirements for the conservation or liquidation of technological facilities are established in the rules of conservation and liquidation during the exploration and production of hydrocarbons, approved by the authorized body in the field of hydrocarbons.
4. Financing of works on the conservation of technological facilities carried out outside the framework of the conservation of a subsurface area, the right of subsurface use for which has been terminated, in the case provided for in subparagraph 2) paragraph 4 of Article 107 of this Code is carried out at the expense of the subsoil user's funds.
Financing of work on the liquidation of technological facilities carried out outside the framework of the elimination of the consequences of subsurface use of hydrocarbons is carried out at the expense of the subsoil user.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan
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