Alabama Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-008
• Format: Word; Rich Text

Description

As evidnce that an oil and gas lease has expired, a mineral owner may elect to complete and file of record an affidavit of this type. The Alabama Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is an important document required by the Alabama Oil and Gas Board (GB) when a well ceases production. This affidavit serves as a declaration from the well operator stating that the well has permanently stopped production and has been properly plugged. It also specifies the date of the last royalty payment made for the well. The affidavit aims to provide transparency and accountability in the oil and gas industry, ensuring that well operators comply with the necessary regulations and procedures when a well is no longer producing. By filing this affidavit, operators inform the GB about the status of the well and confirm that it has been safely and securely plugged to prevent any potential hazards or environmental damage. Keywords: Alabama, Affidavit, Cessation of Production, Plugging of Well, Royalty Payment, Alabama Oil and Gas Board, Well Operator, Compliance, Regulations, Procedures, Environmental Damage. Different types of Alabama Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment may include: 1. Individual Well Affidavit: This type of affidavit is used when a single well ceases production, and the well operator provides the necessary information about the well's cessation and last royalty payment. 2. Multiple Well Affidavit: In cases where multiple wells under the same operator or lease cease production simultaneously, a multiple well affidavit is used. This document consolidates information regarding the cessation and last royalty payment for each well. 3. Operator Affidavit: This type of affidavit is filed by the operator who has the overall responsibility for multiple wells within a designated area. The operator affirms that all necessary wells under their purview have ceased production and have been properly plugged, specifying the last royalty payment date for each well. 4. Third-party Affidavit: Sometimes, a third party, such as a contracted company responsible for well plugging, may file the affidavit on behalf of the operator. This affidavit confirms the cessation of production and proper plugging of the well according to the agreed-upon terms and provides the required last royalty payment details. Note: These descriptions provide an overview of the types of affidavits but may vary in specific naming conventions as per the Alabama GB's requirements.

The Alabama Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is an important document required by the Alabama Oil and Gas Board (GB) when a well ceases production. This affidavit serves as a declaration from the well operator stating that the well has permanently stopped production and has been properly plugged. It also specifies the date of the last royalty payment made for the well. The affidavit aims to provide transparency and accountability in the oil and gas industry, ensuring that well operators comply with the necessary regulations and procedures when a well is no longer producing. By filing this affidavit, operators inform the GB about the status of the well and confirm that it has been safely and securely plugged to prevent any potential hazards or environmental damage. Keywords: Alabama, Affidavit, Cessation of Production, Plugging of Well, Royalty Payment, Alabama Oil and Gas Board, Well Operator, Compliance, Regulations, Procedures, Environmental Damage. Different types of Alabama Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment may include: 1. Individual Well Affidavit: This type of affidavit is used when a single well ceases production, and the well operator provides the necessary information about the well's cessation and last royalty payment. 2. Multiple Well Affidavit: In cases where multiple wells under the same operator or lease cease production simultaneously, a multiple well affidavit is used. This document consolidates information regarding the cessation and last royalty payment for each well. 3. Operator Affidavit: This type of affidavit is filed by the operator who has the overall responsibility for multiple wells within a designated area. The operator affirms that all necessary wells under their purview have ceased production and have been properly plugged, specifying the last royalty payment date for each well. 4. Third-party Affidavit: Sometimes, a third party, such as a contracted company responsible for well plugging, may file the affidavit on behalf of the operator. This affidavit confirms the cessation of production and proper plugging of the well according to the agreed-upon terms and provides the required last royalty payment details. Note: These descriptions provide an overview of the types of affidavits but may vary in specific naming conventions as per the Alabama GB's requirements.