Book contents
- Collective Aquifer Governance
- Collective Aquifer Governance
- Copyright page
- Contents
- Figures
- Tables
- Acknowledgments
- Abbreviations
- 1 Introduction
- 2 Overview of the History of Collective Action on Subsurface Resources
- 3 Governance of Groundwater and Aquifers
- 4 Unitization and Collective Aquifer Governance Agreements
- 5 Determination and Redetermination
- 6 The Role of the Expert
- 7 The Next Transresource
- 8 Pore Spaces
- 9 Application to an Aquifer System
- 10 Getting Around Agreeing to Disagree
- 11 Serious Gaming and Unitization
- 12 Conclusions and Recommendations for Future Research
- Appendix Model Collective Aquifer Governance Agreement
- Glossary
- Bibliography
- Index
4 - Unitization and Collective Aquifer Governance Agreements
Published online by Cambridge University Press: 20 January 2022
- Collective Aquifer Governance
- Collective Aquifer Governance
- Copyright page
- Contents
- Figures
- Tables
- Acknowledgments
- Abbreviations
- 1 Introduction
- 2 Overview of the History of Collective Action on Subsurface Resources
- 3 Governance of Groundwater and Aquifers
- 4 Unitization and Collective Aquifer Governance Agreements
- 5 Determination and Redetermination
- 6 The Role of the Expert
- 7 The Next Transresource
- 8 Pore Spaces
- 9 Application to an Aquifer System
- 10 Getting Around Agreeing to Disagree
- 11 Serious Gaming and Unitization
- 12 Conclusions and Recommendations for Future Research
- Appendix Model Collective Aquifer Governance Agreement
- Glossary
- Bibliography
- Index
Summary
Unitization agreements have several common components and principles that enable them to effectively govern collective resources. These agreements represent a governance system with several phases of development. Several key components work to separate the rights to extract from the right to a benefit, protecting private rights yet enabling collective governance. Private interests are protected as equity shares in the unitization agreement. A unit operator makes resource management decisions for the collectively held resource. As more information is gathered about resource conditions, private interests, represented as shares, are redetermined regularly to ensure accuracy and improve resource management over time. Thus, the methods of determining private shares in the unitization agreement are critical to the unit’s success.
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- Collective Aquifer GovernanceDispute Prevention for Groundwater and Aquifers through Unitization, pp. 47 - 64Publisher: Cambridge University PressPrint publication year: 2022