Guam Legal Description and Well or Unit Information provide crucial details pertaining to legal property descriptions and well or unit information on the island of Guam. These descriptions play a vital role in real estate, land development, and oil and gas exploration initiatives. Here are some types of Guam Legal Description and Well or Unit Information: 1. Guam Legal Description: The Guam Legal Description refers to the precise and comprehensive identification of a property's boundaries, rights, and interests. It typically includes information like lot and block numbers, subdivision names, metes and bounds descriptions, and reference to official land surveys. Keywords relevant to Guam Legal Description could include: property boundary descriptions, land survey references, lot and block numbers, subdivision names, metes and bounds details. 2. Well Information: Well Information provides valuable data concerning oil, gas, or water wells in Guam. These include details like well names, locations (coordinates), depth, purpose (e.g., oil exploration or water supply), drilling dates, operator information, and production status. Relevant keywords could include: well names, well locations, drilling dates, well depths, production status, operator information. 3. Unit Information: Unit Information refers to the delineation of specific land areas or geological formations for resource management or lease purposes. It may involve dividing land or subsurface into units to enhance resource extraction or to adhere to legal requirements. Keywords associated with Unit Information may include: unit delineation, resource management, land or subsurface division, lease compliance, geological formations. 4. Unitization Agreement: In certain cases, an Unitization Agreement is required when multiple parties agree to combine their oil and gas interests in a certain area to improve resource recovery. This agreement outlines the participating parties, designated unit boundaries, working interests, royalties, decision-making procedures, and other obligations. Keywords relevant to Unitization Agreement could include: joint venture collaboration, combined resource extraction, working interests, unit boundaries, royalties, decision-making protocols. In summary, Guam Legal Description and Well or Unit Information encompass essential details related to property boundaries, well data, and unit delineation. By understanding and utilizing these descriptions, individuals and organizations involved in real estate, land development, or oil and gas exploration can make informed decisions and comply with legal requirements.
Guam Legal Description and Well or Unit Information
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