It is declared to be the public policy of this state and in the public interest to:

1. (1) Foster, encourage and promote exploration for and development, production, and conservation of oil, natural gas and their constituents;
2. (2) Prohibit waste of oil, natural gas, and their constituents and unnecessary surface loss of oil, natural gas, and their constituents;
3. (3) Encourage the maximum recovery of oil, natural gas, and their constituents;
4. (4) Safeguard, protect and enforce the correlative rights of operators and mineral owners in that each such operator and mineral owner may obtain his or her just and equitable share of production;
5. (5) Safeguard, protect and enforce the integrity of the passive royalty owner’s interest in his or her minerals.
6. (6) Safeguard, protect and enforce the rights of surface owners; and
7. (7) Protect and enforce the clear provisions of contracts lawfully made.