Illinois 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. Title: Understanding the Illinois Affidavit as to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee Keywords: Illinois, Affidavit, Acreage, Spacing, Proration Units, Producing Wells, Lessee. Introduction: The Illinois Affidavit as to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that outlines the assignment of acreage to spacing and proration units surrounding oil or gas producing wells in the state of Illinois. This affidavit ensures compliance with state regulations and facilitates the efficient extraction and distribution of natural resources. Let's explore the different types and components of this crucial affidavit in Illinois. 1. Single Well Affidavit: The Single Well Affidavit is the most common type of Illinois Affidavit used when only one well is being drilled or operated on a particular tract of land. It identifies the specific acreage assigned to that single well within the spacing or proration unit. 2. Multiple Well Affidavit: In cases where multiple wells are drilled or operated within a spacing or proration unit, the Multiple Well Affidavit comes into play. This affidavit provides detailed information regarding the acreage assigned to each well within the unit. 3. Acreage Assignment: The Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee focuses on acreage assignment within the spacing or proration units. It explicitly states the allocated acreage for each producing well and ensures accurate distribution of resources. 4. Spacing Units: Spacing units refer to predefined geographical areas of land designated for the efficient distribution of oil, gas, or other natural resources. This affidavit specifies the acreage assigned to each spacing unit. 5. Proration Units: Proration units ensure the fair distribution and proportionate intake of hydrocarbons from multiple wells within a defined area. The affidavit provides clear guidelines and acreage details of each proration unit within the area of operation. 6. Compliance with State Regulations: The Illinois Affidavit serves as an essential document to ensure compliance with the regulations outlined by the Illinois Department of Natural Resources or any relevant regulatory authority. It guarantees that lessees adhere to all spacing and proration unit requirements for optimal resource utilization and environmental preservation. Conclusion: The Illinois Affidavit as to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee plays a crucial role in the efficient extraction of natural resources within the state. It aids in the accurate assignment of acreage to spacing and proration units, ensuring compliance with state regulations. This affidavit facilitates proper resource distribution, maximizes operational effectiveness, and promotes environmental sustainability in the extraction industry in Illinois.

Title: Understanding the Illinois Affidavit as to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee Keywords: Illinois, Affidavit, Acreage, Spacing, Proration Units, Producing Wells, Lessee. Introduction: The Illinois Affidavit as to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that outlines the assignment of acreage to spacing and proration units surrounding oil or gas producing wells in the state of Illinois. This affidavit ensures compliance with state regulations and facilitates the efficient extraction and distribution of natural resources. Let's explore the different types and components of this crucial affidavit in Illinois. 1. Single Well Affidavit: The Single Well Affidavit is the most common type of Illinois Affidavit used when only one well is being drilled or operated on a particular tract of land. It identifies the specific acreage assigned to that single well within the spacing or proration unit. 2. Multiple Well Affidavit: In cases where multiple wells are drilled or operated within a spacing or proration unit, the Multiple Well Affidavit comes into play. This affidavit provides detailed information regarding the acreage assigned to each well within the unit. 3. Acreage Assignment: The Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee focuses on acreage assignment within the spacing or proration units. It explicitly states the allocated acreage for each producing well and ensures accurate distribution of resources. 4. Spacing Units: Spacing units refer to predefined geographical areas of land designated for the efficient distribution of oil, gas, or other natural resources. This affidavit specifies the acreage assigned to each spacing unit. 5. Proration Units: Proration units ensure the fair distribution and proportionate intake of hydrocarbons from multiple wells within a defined area. The affidavit provides clear guidelines and acreage details of each proration unit within the area of operation. 6. Compliance with State Regulations: The Illinois Affidavit serves as an essential document to ensure compliance with the regulations outlined by the Illinois Department of Natural Resources or any relevant regulatory authority. It guarantees that lessees adhere to all spacing and proration unit requirements for optimal resource utilization and environmental preservation. Conclusion: The Illinois Affidavit as to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee plays a crucial role in the efficient extraction of natural resources within the state. It aids in the accurate assignment of acreage to spacing and proration units, ensuring compliance with state regulations. This affidavit facilitates proper resource distribution, maximizes operational effectiveness, and promotes environmental sustainability in the extraction industry in Illinois.