(A) The minimum drilling unit for any permittee to drill any well for the discovery of oil or gas shall be a 20-acre tract and shall conform insofar as shall be practicable to measurements 660 feet by 1,320 feet north and, except where the stage of development of the drilling of oil and gas wells is such as to make a fixing of drilling units in the area above set forth impracticable, in which event application may be made to the Council for reasonable allowances therefrom, but in no event to be less than a 20-acre spacing tract.
(B) No permit shall be granted and no well shall be located unless the location is at least 330 feet from an adjoining property line, unless the adjoining property shall be communitized with the property so located, and unless the location be at least 660 feet from an adjacent or adjoining well.
(C) The drilling location of any well shall in no instance be nearer than 500 feet from any street line, alley line or railroad right-of-way line.
(D) The drilling location of any well shall in each instance be at least 500 feet from the location of any building existent at the time of commencement of actual drilling operations.
(E) If it appears from the application on file, and after notice and hearing thereon as in § 112.28 and § 112.29, that the limitation and restrictions established in this section will preclude drilling and operating in an area which should reasonably be drilled and operated, the Council shall be authorized and empowered to make exception from the limitations and restrictions set forth in divisions (B), (C) and (D) above except that no well shall be drilled within 300 feet from any street, alley or railroad right-of-way or any building of a value in excess of $500 existent at the time of commencement of drilling.
(1992 Code, § 18.005) (Ord. 9-88, passed - - 1988) Penalty, see § 112.99