Connecticut Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-187
• Format: Word; Rich Text

Description

An affidavit is statement of facts which is sworn to (or affirmed) before an officer who has authority to administer an oath (e.g. a notary public). This Affidavit is made for the purpose of giving notice that the Lease has been extended beyond its stated primary term in accordance with the terms of the Lease. Connecticut Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document required in the state of Connecticut for the purpose of extending an oil and gas lease beyond its primary term. This affidavit serves as evidence of production to justify the continuation of the lease beyond its initial expiration date. Keywords: Connecticut, Affidavit of Production, Extend, Oil and Gas, Lease, Primary Term. The Connecticut Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is crucial for oil and gas leaseholders in Connecticut who wish to continue their operations beyond the initial term specified in the lease agreement. By filing this affidavit, the leaseholder certifies that there has been production of oil or gas on the leased property during the primary term. Types of Connecticut Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term: 1. Standard Affidavit of Production: This is the standard affidavit filed by leaseholders in Connecticut to extend their oil and gas lease beyond the primary term. It confirms the existence of production activities during the initial term and provides supporting evidence such as production reports, well production logs, or statements from approved third-party experts. 2. Affidavit of Shut-in Production: In some cases, the leaseholder may not be able to achieve commercial production due to various reasons, such as market conditions or infrastructure constraints. In such situations, the leaseholder can file an Affidavit of Shut-in Production, which proves that the well(s) were shut in but capable of producing oil or gas in sufficient quantities. 3. Affidavit of Temporary Cessation of Production: If the leaseholder temporarily halts production operations during the primary term due to maintenance, repairs, or any other valid reason, they can file an Affidavit of Temporary Cessation of Production. This affidavit justifies the temporary pause in production activities while still maintaining the lease's validity. It is important to note that these affidavits need to adhere to the specific requirements and regulations set forth by the Connecticut Department of Energy and Environmental Protection (DEEP). The leaseholder should consult legal counsel or an experienced oil and gas professional to ensure compliance with all relevant guidelines and procedures. In conclusion, the Connecticut Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a vital legal document for leaseholders seeking to continue their oil and gas operations beyond the primary lease term. By providing evidence of production or the ability to produce, these affidavits enable leaseholders to extend their lease agreements and continue their exploration and extraction activities in Connecticut.

Connecticut Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document required in the state of Connecticut for the purpose of extending an oil and gas lease beyond its primary term. This affidavit serves as evidence of production to justify the continuation of the lease beyond its initial expiration date. Keywords: Connecticut, Affidavit of Production, Extend, Oil and Gas, Lease, Primary Term. The Connecticut Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is crucial for oil and gas leaseholders in Connecticut who wish to continue their operations beyond the initial term specified in the lease agreement. By filing this affidavit, the leaseholder certifies that there has been production of oil or gas on the leased property during the primary term. Types of Connecticut Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term: 1. Standard Affidavit of Production: This is the standard affidavit filed by leaseholders in Connecticut to extend their oil and gas lease beyond the primary term. It confirms the existence of production activities during the initial term and provides supporting evidence such as production reports, well production logs, or statements from approved third-party experts. 2. Affidavit of Shut-in Production: In some cases, the leaseholder may not be able to achieve commercial production due to various reasons, such as market conditions or infrastructure constraints. In such situations, the leaseholder can file an Affidavit of Shut-in Production, which proves that the well(s) were shut in but capable of producing oil or gas in sufficient quantities. 3. Affidavit of Temporary Cessation of Production: If the leaseholder temporarily halts production operations during the primary term due to maintenance, repairs, or any other valid reason, they can file an Affidavit of Temporary Cessation of Production. This affidavit justifies the temporary pause in production activities while still maintaining the lease's validity. It is important to note that these affidavits need to adhere to the specific requirements and regulations set forth by the Connecticut Department of Energy and Environmental Protection (DEEP). The leaseholder should consult legal counsel or an experienced oil and gas professional to ensure compliance with all relevant guidelines and procedures. In conclusion, the Connecticut Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a vital legal document for leaseholders seeking to continue their oil and gas operations beyond the primary lease term. By providing evidence of production or the ability to produce, these affidavits enable leaseholders to extend their lease agreements and continue their exploration and extraction activities in Connecticut.