Delaware Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-168
• 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 form is for the purpose of describing the location of the well (or wells) drilled on the Lands, and describing the portion of the Lands surrounding each well which is included within the proration/spacing unit for each well. A Delaware Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that specifies the allocation of land acreage for spacing and proration units around oil and gas producing wells in Delaware. This affidavit plays a crucial role in the extraction and distribution of resources, ensuring fair and efficient operations. The affidavit outlines the specific acreage assigned to spacing and proration units, which are essential for determining leasehold obligations, production sharing, and unit development. It serves as proof of the lessee's compliance with the established regulations and guidelines set by Delaware's regulatory authorities such as the Delaware Department of Natural Resources and Environmental Control (DN REC) and the Delaware Geological Survey. The affidavit may include the following key information: 1. Legal Description: The document includes a detailed and accurate legal description of the land or leasehold for which the affidavit is being filed. This description usually includes the Township, Range, and Section numbers, along with metes and bounds if applicable. 2. Well Identification: The affidavit identifies the producing well(s) around which the acreage is assigned. It may include the well's API (American Petroleum Institute) number, operator name, and well name. 3. Spacing Unit: It specifies the acreage assigned to the spacing unit, which refers to the area required for the effective and systematic extraction of oil and gas resources. The spacing unit ensures that the reservoir is drained efficiently without any potential waste or interference with adjacent units. 4. Proration Unit: The affidavit also designates the acreage assigned to the proration unit, which determines the proportional share of production allowed to the lessee. The proration unit typically considers factors like well production rates, reservoir characteristics, and regulatory requirements to ensure a fair distribution of resources. 5. Legal Compliance: This document asserts that the acreage assigned to spacing and proration units adheres to the rules and regulations governing oil and gas operations defined by the DN REC or any other relevant statutory authority in Delaware. Different types of Delaware Affidavits As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee may exist based on the specific requirements or circumstances related to a particular lease or well. These types could include: 1. New Wells Affidavit: Filed when a new well is drilled, this type of affidavit establishes the initial acreage allocation for spacing and proration units around the newly drilled well. 2. Unit Expansion Affidavit: If the lessee plans to expand the existing spacing or proration unit, this affidavit is filed to modify the acreage allocation accordingly. It ensures proper regulatory compliance while accommodating changes in well bore locations or lease boundaries. 3. Unit Consolidation Affidavit: In cases where multiple wells or leases are consolidated into a single unit, this affidavit outlines the revised acreage assigned to the consolidated unit. It ensures that the combined operations continue to comply with spacing and proration regulations. 4. Unit Termination Affidavit: When a well or lease is no longer productive or has reached its economic limit, this affidavit is filed to terminate the spacing or proration unit associated with it. It confirms the removal of the acreage from any future allocations or obligations. In conclusion, a Delaware Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a comprehensive legal document that allocates the land acreage for spacing and proration units around producing oil and gas wells. It ensures compliance with regulatory requirements and facilitates fair and efficient resource extraction for both the lessee and regulatory authorities.

A Delaware Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that specifies the allocation of land acreage for spacing and proration units around oil and gas producing wells in Delaware. This affidavit plays a crucial role in the extraction and distribution of resources, ensuring fair and efficient operations. The affidavit outlines the specific acreage assigned to spacing and proration units, which are essential for determining leasehold obligations, production sharing, and unit development. It serves as proof of the lessee's compliance with the established regulations and guidelines set by Delaware's regulatory authorities such as the Delaware Department of Natural Resources and Environmental Control (DN REC) and the Delaware Geological Survey. The affidavit may include the following key information: 1. Legal Description: The document includes a detailed and accurate legal description of the land or leasehold for which the affidavit is being filed. This description usually includes the Township, Range, and Section numbers, along with metes and bounds if applicable. 2. Well Identification: The affidavit identifies the producing well(s) around which the acreage is assigned. It may include the well's API (American Petroleum Institute) number, operator name, and well name. 3. Spacing Unit: It specifies the acreage assigned to the spacing unit, which refers to the area required for the effective and systematic extraction of oil and gas resources. The spacing unit ensures that the reservoir is drained efficiently without any potential waste or interference with adjacent units. 4. Proration Unit: The affidavit also designates the acreage assigned to the proration unit, which determines the proportional share of production allowed to the lessee. The proration unit typically considers factors like well production rates, reservoir characteristics, and regulatory requirements to ensure a fair distribution of resources. 5. Legal Compliance: This document asserts that the acreage assigned to spacing and proration units adheres to the rules and regulations governing oil and gas operations defined by the DN REC or any other relevant statutory authority in Delaware. Different types of Delaware Affidavits As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee may exist based on the specific requirements or circumstances related to a particular lease or well. These types could include: 1. New Wells Affidavit: Filed when a new well is drilled, this type of affidavit establishes the initial acreage allocation for spacing and proration units around the newly drilled well. 2. Unit Expansion Affidavit: If the lessee plans to expand the existing spacing or proration unit, this affidavit is filed to modify the acreage allocation accordingly. It ensures proper regulatory compliance while accommodating changes in well bore locations or lease boundaries. 3. Unit Consolidation Affidavit: In cases where multiple wells or leases are consolidated into a single unit, this affidavit outlines the revised acreage assigned to the consolidated unit. It ensures that the combined operations continue to comply with spacing and proration regulations. 4. Unit Termination Affidavit: When a well or lease is no longer productive or has reached its economic limit, this affidavit is filed to terminate the spacing or proration unit associated with it. It confirms the removal of the acreage from any future allocations or obligations. In conclusion, a Delaware Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a comprehensive legal document that allocates the land acreage for spacing and proration units around producing oil and gas wells. It ensures compliance with regulatory requirements and facilitates fair and efficient resource extraction for both the lessee and regulatory authorities.