On and after the effective date of the Natural Gas Market Sharing Act, an owner of a well producing natural gas or casinghead gas may produce from the well that amount of gas which may be lawfully produced therefrom; however, the foregoing shall not diminish the rights of each owner against an overproduced owner by reason of such production, such as the right to an accounting as among co-owners and the right to balance in cash or in kind, as those rights may otherwise be established by law or contract.
Added by Laws 1983, c. 77, § 4, emerg. eff. May 3, 1983. Amended by Laws 1992, c. 190, § 24, eff. Sept. 1, 1992. Renumbered from § 544 of this title by Laws 1992, c. 190, § 29.