Hawaii 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. The Hawaii Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in the state of Hawaii to extend an oil and gas lease beyond its primary term. This affidavit serves as proof that the lessee has actively and successfully produced oil or gas on the leased property during the primary term, demonstrating their commitment to continuing operations and maintaining the lease. In simple terms, the affidavit is submitted by the lessee to the lessor, providing evidence of production activities on the leased property. It is essential for a lessee to submit this affidavit before the expiration of the primary term to avoid lease termination. By submitting the affidavit, lessees can request an extension of the lease, allowing them to continue their oil and gas operations on the property. The affidavit should include accurate and detailed information about the production activities carried out during the primary term. It should include the total amount of oil or gas produced, the dates of production, and any relevant supporting documentation, such as production reports and well logs. The purpose of the Hawaii Affidavit of Production is to ensure that leases are not held indefinitely without any productive use. It provides a mechanism for lessees to demonstrate their continued commitment to the lease while also allowing lessors to monitor and assess the productivity of the leased property. There are no specific types of Hawaii Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term. The affidavit serves a singular purpose and does not have different variations based on the type of lease or the specific circumstances of the lessee. However, it is important for lessees to ensure that they adhere to all requirements and regulations set forth by the Hawaii Department of Land and Natural Resources and consult with legal professionals to ensure the accuracy and completeness of the affidavit. In summary, the Hawaii Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a crucial document that allows lessees to request an extension of their lease by proving their productive use of the leased property during the primary term. By submitting this affidavit, lessees can demonstrate their continued commitment to operations and maintain their lease in the state of Hawaii.

The Hawaii Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in the state of Hawaii to extend an oil and gas lease beyond its primary term. This affidavit serves as proof that the lessee has actively and successfully produced oil or gas on the leased property during the primary term, demonstrating their commitment to continuing operations and maintaining the lease. In simple terms, the affidavit is submitted by the lessee to the lessor, providing evidence of production activities on the leased property. It is essential for a lessee to submit this affidavit before the expiration of the primary term to avoid lease termination. By submitting the affidavit, lessees can request an extension of the lease, allowing them to continue their oil and gas operations on the property. The affidavit should include accurate and detailed information about the production activities carried out during the primary term. It should include the total amount of oil or gas produced, the dates of production, and any relevant supporting documentation, such as production reports and well logs. The purpose of the Hawaii Affidavit of Production is to ensure that leases are not held indefinitely without any productive use. It provides a mechanism for lessees to demonstrate their continued commitment to the lease while also allowing lessors to monitor and assess the productivity of the leased property. There are no specific types of Hawaii Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term. The affidavit serves a singular purpose and does not have different variations based on the type of lease or the specific circumstances of the lessee. However, it is important for lessees to ensure that they adhere to all requirements and regulations set forth by the Hawaii Department of Land and Natural Resources and consult with legal professionals to ensure the accuracy and completeness of the affidavit. In summary, the Hawaii Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a crucial document that allows lessees to request an extension of their lease by proving their productive use of the leased property during the primary term. By submitting this affidavit, lessees can demonstrate their continued commitment to operations and maintain their lease in the state of Hawaii.