This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Arizona Use of Produced Oil Or Gas by Lessor
Category:
State:
Multi-State
Control #:
US-OG-839
Format:
Word;
Rich Text
Instant download
Description
How to fill out Use Of Produced Oil Or Gas By Lessor?
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FAQ
?Market value at the well,? means value at the well, net of any value added to the product after it leaves the wellhead.
The oil production process is extracting the hydrocarbons and separating the mixture of liquid hydrocarbons, gas, water, and solids, removing the elements that are non-saleable, and selling the liquid hydrocarbons and gas.
Within finance, the current market value (CMV) is the approximate current resale value for a financial instrument. Just as with any other object of value, the current market value offers interested parties a price for which they can enter into a transaction.
