District of Columbia 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 District of Columbia Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is an important legal document used in the oil and gas industry. This affidavit is filed with the appropriate authorities to notify them of the cessation of production from a well and to specify the date of the last royalty payment made. In the District of Columbia, there are different types of affidavits related to the cessation of production and plugging of wells. These may include: 1. Affidavit of Cessation of Production: This affidavit is filed when a well has stopped producing oil or gas. It outlines the details of the well, including the location, identification number, and the specific date production ceased. It also mentions the reasons for the cessation, such as depletion of resources or technical difficulties. 2. Affidavit of Plugging of Well: This affidavit is filed after a well has been permanently plugged and abandoned. It provides comprehensive information about the plugging process, including the methods used, materials employed, and compliance with safety and environmental regulations. It may also include a verification of the well's successful closure by a certified professional. 3. Affidavit Specifying Date of Last Royalty Payment: This affidavit focuses on the financial aspect of the well's cessation. It specifies the date of the most recent royalty payment made to the appropriate parties, such as mineral rights holders or government agencies. This information is necessary to maintain accurate records and ensure compliance with royalty payment obligations. The District of Columbia Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is crucial for regulatory compliance and maintaining an up-to-date record of well activities. It helps track the cessation of production and ensures that the necessary steps, such as plugging and abandonment, are properly executed. Additionally, it serves as proof of the last royalty payment made, promoting transparency and accountability in the oil and gas industry. Keywords: District of Columbia, affidavit, cessation of production, plugging of well, last royalty payment, oil and gas industry, regulatory compliance, abandonment, mineral rights, record keeping.

The District of Columbia Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is an important legal document used in the oil and gas industry. This affidavit is filed with the appropriate authorities to notify them of the cessation of production from a well and to specify the date of the last royalty payment made. In the District of Columbia, there are different types of affidavits related to the cessation of production and plugging of wells. These may include: 1. Affidavit of Cessation of Production: This affidavit is filed when a well has stopped producing oil or gas. It outlines the details of the well, including the location, identification number, and the specific date production ceased. It also mentions the reasons for the cessation, such as depletion of resources or technical difficulties. 2. Affidavit of Plugging of Well: This affidavit is filed after a well has been permanently plugged and abandoned. It provides comprehensive information about the plugging process, including the methods used, materials employed, and compliance with safety and environmental regulations. It may also include a verification of the well's successful closure by a certified professional. 3. Affidavit Specifying Date of Last Royalty Payment: This affidavit focuses on the financial aspect of the well's cessation. It specifies the date of the most recent royalty payment made to the appropriate parties, such as mineral rights holders or government agencies. This information is necessary to maintain accurate records and ensure compliance with royalty payment obligations. The District of Columbia Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is crucial for regulatory compliance and maintaining an up-to-date record of well activities. It helps track the cessation of production and ensures that the necessary steps, such as plugging and abandonment, are properly executed. Additionally, it serves as proof of the last royalty payment made, promoting transparency and accountability in the oil and gas industry. Keywords: District of Columbia, affidavit, cessation of production, plugging of well, last royalty payment, oil and gas industry, regulatory compliance, abandonment, mineral rights, record keeping.