This form is used when the Operator desires to amend the Designation of Pooled Unit, as permitted by the terms of the Leases included in the Unit, to (increase/reduce) the size of the Unit so that, on the Effective Date of this Amendment, the Unit will consist of a specific number of acres of land, which lands are to be depicted on a plat attached to this Amendment.
The District of Columbia Amendment to Pooled Unit Designation is a legal document that pertains to the regulation and management of oil and gas resources within the District of Columbia. This amendment plays a crucial role in the delineation and designation of pooled units for the extraction and production of these valuable resources. One type of District of Columbia Amendment to Pooled Unit Designation is focused on the establishment of pooled units for conventional oil and gas wells. These units are designated to efficiently exploit oil and gas reservoirs in the most effective manner, maximizing recovery while minimizing environmental impact. The amendment outlines the criteria and process for the creation and approval of these units, taking into account factors such as geological formations, reservoir characteristics, and technical capabilities. Another type of District of Columbia Amendment to Pooled Unit Designation deals with unconventional or shale oil and gas resources. With advancements in drilling technology, the extraction of shale resources has gained significant attention. This amendment addresses the unique challenges and considerations associated with such operations, including horizontal drilling, hydraulic fracturing techniques, and the potential impacts on water resources and geological stability. The District of Columbia Amendment to Pooled Unit Designation is crucial for managing and regulating the exploration and production of oil and gas resources within the district's jurisdiction. It ensures that these activities are conducted in a safe and environmentally responsible manner, while also promoting resource optimization and economic development. To comply with the amendment, oil and gas operators must submit comprehensive applications, including geological data, engineering analysis, and environmental impact assessments. These applications undergo a rigorous review process by regulatory authorities to assess their compliance with the amendment's guidelines and requirements. By implementing the District of Columbia Amendment to Pooled Unit Designation, the district aims to strike a balance between harnessing its energy potential and safeguarding the environment and public welfare. The careful management of pooled units helps prevent inefficient drilling practices, unnecessary resource waste, and potential negative impacts on surrounding communities and ecosystems. Overall, the District of Columbia Amendment to Pooled Unit Designation is a crucial legal framework that ensures the responsible exploration and production of oil and gas resources within the district. It helps facilitate sustainable energy development while addressing environmental concerns and promoting the long-term viability of the energy industry in the region.The District of Columbia Amendment to Pooled Unit Designation is a legal document that pertains to the regulation and management of oil and gas resources within the District of Columbia. This amendment plays a crucial role in the delineation and designation of pooled units for the extraction and production of these valuable resources. One type of District of Columbia Amendment to Pooled Unit Designation is focused on the establishment of pooled units for conventional oil and gas wells. These units are designated to efficiently exploit oil and gas reservoirs in the most effective manner, maximizing recovery while minimizing environmental impact. The amendment outlines the criteria and process for the creation and approval of these units, taking into account factors such as geological formations, reservoir characteristics, and technical capabilities. Another type of District of Columbia Amendment to Pooled Unit Designation deals with unconventional or shale oil and gas resources. With advancements in drilling technology, the extraction of shale resources has gained significant attention. This amendment addresses the unique challenges and considerations associated with such operations, including horizontal drilling, hydraulic fracturing techniques, and the potential impacts on water resources and geological stability. The District of Columbia Amendment to Pooled Unit Designation is crucial for managing and regulating the exploration and production of oil and gas resources within the district's jurisdiction. It ensures that these activities are conducted in a safe and environmentally responsible manner, while also promoting resource optimization and economic development. To comply with the amendment, oil and gas operators must submit comprehensive applications, including geological data, engineering analysis, and environmental impact assessments. These applications undergo a rigorous review process by regulatory authorities to assess their compliance with the amendment's guidelines and requirements. By implementing the District of Columbia Amendment to Pooled Unit Designation, the district aims to strike a balance between harnessing its energy potential and safeguarding the environment and public welfare. The careful management of pooled units helps prevent inefficient drilling practices, unnecessary resource waste, and potential negative impacts on surrounding communities and ecosystems. Overall, the District of Columbia Amendment to Pooled Unit Designation is a crucial legal framework that ensures the responsible exploration and production of oil and gas resources within the district. It helps facilitate sustainable energy development while addressing environmental concerns and promoting the long-term viability of the energy industry in the region.
