This is a provision for an Operating Agreement that concerns the Assignment of rights to an obligatory well. It provides the assignment options if any proposed operations are necessary to maintain a Lease covered by the Agreement in force or an agreement to earn a lease(s) which would otherwise expire unless operations are conducted.
Arkansas Obligatory Well, also known as an Arkansas OW, is a type of well that is specifically required by the state of Arkansas. The main purpose of these wells is to ensure the proper management and disposal of waste materials, particularly in the oil and gas industry. Arkansas Obligatory Wells are designed to meet specific regulations and standards set by the Arkansas Oil and Gas Commission (AGC). They are an essential part of the state's efforts to protect the environment and public health. There are several types of Arkansas Obligatory Wells, each serving a different purpose. Some prominent ones are: 1. Arkansas Disposal Wells: These wells are used for the safe and regulated disposal of wastewater generated during oil and gas exploration, production, and refining processes. They are specially constructed with multiple layers of casing and cement to prevent any contamination of groundwater resources. 2. Arkansas Injection Wells: These wells are designed for the injection of produced water, which is a byproduct of various oil and gas operations, back into subsurface formations. The injected water can help enhance oil and gas recovery while minimizing the potential for surface pollution. 3. Arkansas Saltwater Disposal Wells: As the name suggests, these wells are specifically used for the disposal of saltwater, also known as brine, which is a common byproduct of oil and gas production. The wells are engineered to handle large volumes of saltwater and ensure its proper containment to prevent any harm to the environment. 4. Arkansas Enhanced Recovery Wells: These wells are primarily used for enhanced oil recovery (FOR) techniques, such as water flooding or carbon dioxide (CO2) injection, to increase the extraction of oil from depleted reservoirs. They play a crucial role in maximizing the efficiency of oil production while minimizing environmental impact. In conclusion, Arkansas Obligatory Wells are an integral part of the state's regulatory framework for managing waste generated by the oil and gas industry. They encompass various types, including disposal wells, injection wells, saltwater disposal wells, and enhanced recovery wells. These wells are crucial for maintaining effective waste management practices, protecting groundwater resources, and ensuring environmental sustainability in Arkansas.Arkansas Obligatory Well, also known as an Arkansas OW, is a type of well that is specifically required by the state of Arkansas. The main purpose of these wells is to ensure the proper management and disposal of waste materials, particularly in the oil and gas industry. Arkansas Obligatory Wells are designed to meet specific regulations and standards set by the Arkansas Oil and Gas Commission (AGC). They are an essential part of the state's efforts to protect the environment and public health. There are several types of Arkansas Obligatory Wells, each serving a different purpose. Some prominent ones are: 1. Arkansas Disposal Wells: These wells are used for the safe and regulated disposal of wastewater generated during oil and gas exploration, production, and refining processes. They are specially constructed with multiple layers of casing and cement to prevent any contamination of groundwater resources. 2. Arkansas Injection Wells: These wells are designed for the injection of produced water, which is a byproduct of various oil and gas operations, back into subsurface formations. The injected water can help enhance oil and gas recovery while minimizing the potential for surface pollution. 3. Arkansas Saltwater Disposal Wells: As the name suggests, these wells are specifically used for the disposal of saltwater, also known as brine, which is a common byproduct of oil and gas production. The wells are engineered to handle large volumes of saltwater and ensure its proper containment to prevent any harm to the environment. 4. Arkansas Enhanced Recovery Wells: These wells are primarily used for enhanced oil recovery (FOR) techniques, such as water flooding or carbon dioxide (CO2) injection, to increase the extraction of oil from depleted reservoirs. They play a crucial role in maximizing the efficiency of oil production while minimizing environmental impact. In conclusion, Arkansas Obligatory Wells are an integral part of the state's regulatory framework for managing waste generated by the oil and gas industry. They encompass various types, including disposal wells, injection wells, saltwater disposal wells, and enhanced recovery wells. These wells are crucial for maintaining effective waste management practices, protecting groundwater resources, and ensuring environmental sustainability in Arkansas.
