New York Amendment to Unit Designation to include Additional Lands and Leases in A Unit

• Category: Oil Gas and Minerals - Amendments
• State: Multi-State
• Control #: US-OG-728
• Format: Word; Rich Text

Description

This form is used pursuant to the authority provided for in the Leases, the Original Unit Designation is amended to include additional Leases and lands. The New York Amendment to Unit Designation to include Additional Lands and Leases in A Unit is a legal process that allows for the expansion or modification of an existing unit of land, including the addition of new lands and leases, within the state of New York. This amendment is specifically relevant to individuals, companies, or organizations engaged in oil and gas exploration and production activities. Keywords: New York, Amendment, Unit Designation, Additional Lands, Leases, Unit Expansion, Modification, Oil, Gas, Exploration, Production, Activities. Types of New York Amendments to Unit Designation to include Additional Lands and Leases in A Unit can vary depending on the specific purpose and nature of the expansion or modification. Some common types include: 1. Expansion Amendment: This type of amendment is pursued when there is a need to include additional lands or leases into an existing unit for oil and gas exploration or production purposes. It may involve extending the boundaries of the unit to encompass newly acquired or leased properties. 2. Lease Addition Amendment: When a new lease agreement is acquired for oil and gas operations within an existing unit, a Lease Addition Amendment is filed to include the newly acquired lease within the unit designation. This ensures that the newly acquired lease is fully integrated into the existing unit. 3. Modification Amendment: In certain cases, a modification amendment may be necessary to alter the boundaries or terms of an existing unit designation. This could involve revising the unit mapping, adjusting the participating interests of involved parties, or modifying the unit operations. 4. Integration Amendment: An integration amendment comes into play when multiple leases or units are combined or integrated into a single unit for operational efficiency or coordination purposes. It allows for the integration of various leases or units, merging them into a unified entity. 5. Splitting Amendment: When an existing unit is divided into two or more separate units, a splitting amendment is implemented. This may be required to accommodate different exploration or operational requirements, or if parties involved in the existing unit decide to divide their interests and responsibilities. These various types of New York Amendments to Unit Designation to include Additional Lands and Leases in A Unit ensure the effective management, coordination, and optimization of oil and gas activities within the state, while legally incorporating new lands, leases, or modifying existing units to accommodate changing operational needs.

The New York Amendment to Unit Designation to include Additional Lands and Leases in A Unit is a legal process that allows for the expansion or modification of an existing unit of land, including the addition of new lands and leases, within the state of New York. This amendment is specifically relevant to individuals, companies, or organizations engaged in oil and gas exploration and production activities. Keywords: New York, Amendment, Unit Designation, Additional Lands, Leases, Unit Expansion, Modification, Oil, Gas, Exploration, Production, Activities. Types of New York Amendments to Unit Designation to include Additional Lands and Leases in A Unit can vary depending on the specific purpose and nature of the expansion or modification. Some common types include: 1. Expansion Amendment: This type of amendment is pursued when there is a need to include additional lands or leases into an existing unit for oil and gas exploration or production purposes. It may involve extending the boundaries of the unit to encompass newly acquired or leased properties. 2. Lease Addition Amendment: When a new lease agreement is acquired for oil and gas operations within an existing unit, a Lease Addition Amendment is filed to include the newly acquired lease within the unit designation. This ensures that the newly acquired lease is fully integrated into the existing unit. 3. Modification Amendment: In certain cases, a modification amendment may be necessary to alter the boundaries or terms of an existing unit designation. This could involve revising the unit mapping, adjusting the participating interests of involved parties, or modifying the unit operations. 4. Integration Amendment: An integration amendment comes into play when multiple leases or units are combined or integrated into a single unit for operational efficiency or coordination purposes. It allows for the integration of various leases or units, merging them into a unified entity. 5. Splitting Amendment: When an existing unit is divided into two or more separate units, a splitting amendment is implemented. This may be required to accommodate different exploration or operational requirements, or if parties involved in the existing unit decide to divide their interests and responsibilities. These various types of New York Amendments to Unit Designation to include Additional Lands and Leases in A Unit ensure the effective management, coordination, and optimization of oil and gas activities within the state, while legally incorporating new lands, leases, or modifying existing units to accommodate changing operational needs.