Louisiana 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. Louisiana Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that provides an official record of ceasing oil or gas production and plugging a well in the state of Louisiana. This affidavit is essential for ensuring compliance with state regulations and for terminating ongoing royalty payment obligations. The Louisiana Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment contains specific details regarding the well, including the identification number, location, and operator information. It also includes relevant dates, such as the last date of production and the date when the well was officially plugged. The affidavit is crucial for the termination of royalty payments associated with the well. Once the cessation of production and plugging is confirmed, the affidavit specifies the last date on which royalty payments have been made. This information is crucial for the well operator, who can then cease payments and avoid unnecessary expenses. There are various types of Louisiana Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, depending on the specific circumstances. Some of these types include: 1. Standard Affidavit of Cessation of Production and Plugging of Well: This is the most common type of affidavit used when ceasing production and plugging a well. It covers the basic information required by state regulations and specifies the date of the last royalty payment. 2. Affidavit of Emergency Cessation and Plugging of Well: This type of affidavit is used when there is an immediate need to cease production and plug a well due to unforeseen circumstances or emergencies. It includes additional details regarding the nature of the emergency and demonstrates the operator's compliance with state requirements. 3. Affidavit of Temporary Cessation and Plugging of Well: This type of affidavit is utilized when a well's production needs to be temporarily halted and the well is subsequently plugged. It outlines the reasons for the temporary cessation, specifies the expected duration, and provides the date of the last royalty payment. In summary, the Louisiana Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a crucial legal document to terminate production, plug a well, and halt royalty payments. Whether it is a standard, emergency, or temporary cessation, this affidavit ensures compliance with state regulations and provides an official record of the well's status.

Louisiana Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that provides an official record of ceasing oil or gas production and plugging a well in the state of Louisiana. This affidavit is essential for ensuring compliance with state regulations and for terminating ongoing royalty payment obligations. The Louisiana Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment contains specific details regarding the well, including the identification number, location, and operator information. It also includes relevant dates, such as the last date of production and the date when the well was officially plugged. The affidavit is crucial for the termination of royalty payments associated with the well. Once the cessation of production and plugging is confirmed, the affidavit specifies the last date on which royalty payments have been made. This information is crucial for the well operator, who can then cease payments and avoid unnecessary expenses. There are various types of Louisiana Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, depending on the specific circumstances. Some of these types include: 1. Standard Affidavit of Cessation of Production and Plugging of Well: This is the most common type of affidavit used when ceasing production and plugging a well. It covers the basic information required by state regulations and specifies the date of the last royalty payment. 2. Affidavit of Emergency Cessation and Plugging of Well: This type of affidavit is used when there is an immediate need to cease production and plug a well due to unforeseen circumstances or emergencies. It includes additional details regarding the nature of the emergency and demonstrates the operator's compliance with state requirements. 3. Affidavit of Temporary Cessation and Plugging of Well: This type of affidavit is utilized when a well's production needs to be temporarily halted and the well is subsequently plugged. It outlines the reasons for the temporary cessation, specifies the expected duration, and provides the date of the last royalty payment. In summary, the Louisiana Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a crucial legal document to terminate production, plug a well, and halt royalty payments. Whether it is a standard, emergency, or temporary cessation, this affidavit ensures compliance with state regulations and provides an official record of the well's status.