Michigan Oil and Gas Division Order is a legal document issued by the Michigan Department of Natural Resources' Oil, Gas, and Minerals Division. It specifies the rights and obligations of different parties involved in the extraction and production of oil and gas resources within the state. The purpose of the Michigan Oil and Gas Division Order is to establish the ownership interests, royalty payments, and distribution of production proceeds among the different stakeholders such as mineral owners, leaseholders, working interest owners, and royalty owners. It ensures a fair and transparent distribution of revenues derived from oil and gas production activities. There are several types of Michigan Oil and Gas Division Orders, each addressing specific aspects of the oil and gas industry. These may include: 1. Pooling Division Order: This type of Division Order allows the consolidation of multiple oil and gas leases into a single drilling unit or pool. Pooling enables efficient extraction of resources and ensures fair distribution of production proceeds among the leaseholders. 2. Unitization Division Order: In cases where oil or gas deposits are spread across multiple leasehold estates, unitization Division Order is utilized. It establishes an unitized drilling or production unit, allowing efficient extraction and sharing of production revenues according to the proportion of ownership held by each party involved. 3. Division Order Title Opinion: This type of Division Order provides a detailed legal opinion regarding the ownership and title of the oil and gas rights. It ensures that the parties listed in the Division Order have proper legal claims over the oil and gas resources. 4. Division Order Amendment: As circumstances change or new agreements are reached, Division Order amendments may be issued to modify the terms and conditions stated in the original Division Order. These amendments help to accommodate changes in ownership, royalty interests, or other relevant factors. 5. Royalty Division Order: A Royalty Division Order is specifically tailored to address the distribution of royalties among mineral owners or other parties entitled to receive a share of production proceeds. It determines the percentage of royalty and the method of calculation. Michigan Oil and Gas Division Orders play a crucial role in regulating the extraction and distribution of oil and gas resources, ensuring fair treatment and appropriate compensation for all stakeholders involved. It is essential for the oil and gas industry participants to understand and comply with the terms specified in the Division Orders to maintain transparency and avoid legal disputes.
Michigan Oil and Gas Division Order
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FAQ
The Dormant Mineral Act provides that any interest in oil or gas in any land owned by any person other than the surface owner that has not been sold, leased, mortgaged, or transferred by an instrument recorded in the office of the register of deeds for 20 years is deemed abandoned if (1) a drilling permit is not ...
The Oil, Gas, and Minerals Division (OGMD) of the Michigan Department of Environment, Great Lakes, and Energy (EGLE) is tasked with administering the statute and rules subject to Part 615, Supervisor of Wells, of the Natural Resources and Environmental Protection Act, 1994, PA 451, as amended (NREPA).
In many states, there is a specific period of inactivity on a piece of land that can cause the mineral rights to expire. As a result of this expiration, the mineral rights ownership reverts to the landowner. This could depend on your location, from 1 year to about 20 years.
Surface rights are what you own on the surface of the property. These include the space, the buildings and the landscaping. Mineral rights, on the other hand, cover the specific resources beneath the surface. In areas designated for mining, it's common for surface rights and mineral rights to be separate.
A mineral right is a property right and may be sold, transferred, or leased similar to other property rights. Mineral rights are distinct from ?surface rights,? or the right to the use of the surface of the land for residential, agricultural, recreational, commercial, or other purposes.
Also known as a mineral estate, mineral rights are just what their name implies: The right of the owner to utilize minerals found below the surface of property. Besides minerals, these rights can apply to oil and gas. Interestingly, mineral rights can be separate from actual land ownership.
As the landowner, you own both your land and the minerals beneath your land. Therefore you have the right to negotiate an acceptable lease or to refuse an offer, unless the mineral rights were severed from the surface rights by a previous owner and were never purchased by you.
Michigan Oil & Gas Activity Stats CategoryLast Year ValueYoY TrendTotal Wells9,404UpTotal Producing Wells1,026DownPercentage of Wells Producing11%DownActive Producers90Down3 more rows