This form is used for legal description and well or unit information.
Alaska Legal Description and Well or Unit Information play a crucial role in the oil and gas industry within the state. These terms refer to specific information and documentation required for the identification and delineation of oil and gas wells or units in Alaska. The following are different types of Alaska Legal Description and Well or Unit Information: 1. Alaska Legal Description: The Alaska Legal Description refers to a specific system used to legally define and describe oil and gas wells or units in the state. It includes various components, such as: — Township, Range, and Section: Alaska utilizes the Public Land Survey System (PASS) for legal descriptions, which involves dividing the land into townships that are further divided into ranges and sections. Each township measures 6 miles by 6 miles, and each section comprises 640 acres. — Meridian: Meridians represent vertical reference lines used to measure the east or west position of a township. In Alaska, the Fairbanks and Copper River Meridians are commonly used. — Survey System: Alaska uses both rectangular and non-rectangular survey systems. It is crucial to identify which system is applicable to ensure accurate legal descriptions. 2. Well Information: Well information encompasses various details regarding individual oil and gas wells, such as: — Well Identification: Each well is assigned a unique identification number to ensure accurate tracking and management. It includes parameters like well name or number, lease name, and geographic coordinates. Well borere Information: This section provides data about the trajectory and vertical depth of the well bore, including the surface location coordinates, total depth, and deviation details. — Well Completion: Describes the process of completing the well, including information about the casing and tubing used, completion zones, perforations, and any associated well equipment. 3. Unit Information: Unit information refers to the establishment and management of a defined area comprising multiple wells that work together to produce oil and gas efficiently. Different types of units in Alaska include: — Unit Agreement: An agreement created among working interest owners to consolidate their individual rights in a defined area. The agreement outlines operations, cost-sharing, and allocation of produced hydrocarbons. — Unit Boundary: Specifies the delineation of the geographical boundaries of the unit, ensuring proper mapping and control of activities within the unit area. — Unit Operator: The entity responsible for managing and implementing operations within the defined unit. In conclusion, Alaska Legal Description and Well or Unit Information are critical components in the oil and gas industry's operations in the state. By accurately defining the legal description and providing detailed well or unit information, stakeholders can effectively manage and coordinate their exploration, drilling, and production activities in Alaska's oil-rich regions.
Alaska Legal Description and Well or Unit Information play a crucial role in the oil and gas industry within the state. These terms refer to specific information and documentation required for the identification and delineation of oil and gas wells or units in Alaska. The following are different types of Alaska Legal Description and Well or Unit Information: 1. Alaska Legal Description: The Alaska Legal Description refers to a specific system used to legally define and describe oil and gas wells or units in the state. It includes various components, such as: — Township, Range, and Section: Alaska utilizes the Public Land Survey System (PASS) for legal descriptions, which involves dividing the land into townships that are further divided into ranges and sections. Each township measures 6 miles by 6 miles, and each section comprises 640 acres. — Meridian: Meridians represent vertical reference lines used to measure the east or west position of a township. In Alaska, the Fairbanks and Copper River Meridians are commonly used. — Survey System: Alaska uses both rectangular and non-rectangular survey systems. It is crucial to identify which system is applicable to ensure accurate legal descriptions. 2. Well Information: Well information encompasses various details regarding individual oil and gas wells, such as: — Well Identification: Each well is assigned a unique identification number to ensure accurate tracking and management. It includes parameters like well name or number, lease name, and geographic coordinates. Well borere Information: This section provides data about the trajectory and vertical depth of the well bore, including the surface location coordinates, total depth, and deviation details. — Well Completion: Describes the process of completing the well, including information about the casing and tubing used, completion zones, perforations, and any associated well equipment. 3. Unit Information: Unit information refers to the establishment and management of a defined area comprising multiple wells that work together to produce oil and gas efficiently. Different types of units in Alaska include: — Unit Agreement: An agreement created among working interest owners to consolidate their individual rights in a defined area. The agreement outlines operations, cost-sharing, and allocation of produced hydrocarbons. — Unit Boundary: Specifies the delineation of the geographical boundaries of the unit, ensuring proper mapping and control of activities within the unit area. — Unit Operator: The entity responsible for managing and implementing operations within the defined unit. In conclusion, Alaska Legal Description and Well or Unit Information are critical components in the oil and gas industry's operations in the state. By accurately defining the legal description and providing detailed well or unit information, stakeholders can effectively manage and coordinate their exploration, drilling, and production activities in Alaska's oil-rich regions.