California Exhibit Schedule of Oil and Gas Leases Form 2

• Category: Oil Gas and Minerals - Assignments
• State: Multi-State
• Control #: US-OG-525
• Format: Word; Rich Text

Description

This Exhibit provides a schedule of oil and gas leases subject to the Operating Agreement. The California Exhibit Schedule of Oil and Gas Leases Form 2 is a crucial document used in the state's oil and gas industry. This form is designed to provide a detailed description and record of all oil and gas leases within the state of California. It serves as a valuable tool for monitoring and managing the leasing process, ensuring compliance with applicable laws and regulations. Keywords: California, Exhibit Schedule, Oil and Gas Leases, Form 2, types. There are different types of the California Exhibit Schedule of Oil and Gas Leases Form 2, categorized based on specific lease-related criteria. These types include: 1. Active Leases: This category outlines all currently active oil and gas lease agreements in California. It includes detailed information such as leaseholder names, lease locations, lease term duration, and any special conditions or provisions. 2. Expired Leases: This section lists all leases that have reached their expiration date and are no longer active. It includes information on the duration of the lease, leaseholder details, and the reason for termination. 3. Terminated Leases: This type of form focuses on leases that have been terminated before their scheduled expiration date. It provides information on the reasons for termination, such as lease breaches, non-compliance, or mutual agreement between the parties involved. 4. Pending Applications: This category is designated for lease applications that are currently under review and haven't been approved or rejected yet. It contains essential details about the applicants, the land in question, the proposed lease terms, and any other relevant information required for evaluation. 5. Extension Requests: This section deals with leaseholders requesting an extension of their lease beyond the originally agreed-upon term. It contains information on the leaseholder, the reasons for the extension request, any additional conditions or obligations tied to the extension, and the evaluation status of the request. The California Exhibit Schedule of Oil and Gas Leases Form 2 serves as a central repository of information for the oil and gas leasing activities in California. It ensures transparency and accountability by providing a comprehensive overview of active, expired, terminated leases, pending applications, and extension requests. Properly filled and updated forms allow regulatory bodies, stakeholders, and industry participants to effectively monitor and manage the state's oil and gas leasing activities.

The California Exhibit Schedule of Oil and Gas Leases Form 2 is a crucial document used in the state's oil and gas industry. This form is designed to provide a detailed description and record of all oil and gas leases within the state of California. It serves as a valuable tool for monitoring and managing the leasing process, ensuring compliance with applicable laws and regulations. Keywords: California, Exhibit Schedule, Oil and Gas Leases, Form 2, types. There are different types of the California Exhibit Schedule of Oil and Gas Leases Form 2, categorized based on specific lease-related criteria. These types include: 1. Active Leases: This category outlines all currently active oil and gas lease agreements in California. It includes detailed information such as leaseholder names, lease locations, lease term duration, and any special conditions or provisions. 2. Expired Leases: This section lists all leases that have reached their expiration date and are no longer active. It includes information on the duration of the lease, leaseholder details, and the reason for termination. 3. Terminated Leases: This type of form focuses on leases that have been terminated before their scheduled expiration date. It provides information on the reasons for termination, such as lease breaches, non-compliance, or mutual agreement between the parties involved. 4. Pending Applications: This category is designated for lease applications that are currently under review and haven't been approved or rejected yet. It contains essential details about the applicants, the land in question, the proposed lease terms, and any other relevant information required for evaluation. 5. Extension Requests: This section deals with leaseholders requesting an extension of their lease beyond the originally agreed-upon term. It contains information on the leaseholder, the reasons for the extension request, any additional conditions or obligations tied to the extension, and the evaluation status of the request. The California Exhibit Schedule of Oil and Gas Leases Form 2 serves as a central repository of information for the oil and gas leasing activities in California. It ensures transparency and accountability by providing a comprehensive overview of active, expired, terminated leases, pending applications, and extension requests. Properly filled and updated forms allow regulatory bodies, stakeholders, and industry participants to effectively monitor and manage the state's oil and gas leasing activities.