Minnesota 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. Minnesota Affidavit As to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee is a legal document used in the state of Minnesota that outlines the allocation of acreage to spacing/proration units surrounding producing wells. This affidavit is typically filed by the lessee, who is responsible for the exploration and production of the oil or gas wells. Keywords: Minnesota, affidavit, acreage, spacing, proration units, producing wells, lessee Types of Minnesota Affidavit As to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee: 1. Initial Affidavit: This type of affidavit is filed by the lessee at the beginning of the exploration and production process. It provides the initial allocation of acreage to the spacing/proration units around the producing wells. 2. Amended Affidavit: If there are any changes or adjustments required in the initial affidavit, an amended affidavit is filed. This could be due to changes in well locations, discovery of additional mineral reserves, or modifications to the initial plans. 3. Pooling Affidavit: When multiple leases or rights holders are involved in a particular location, the lessee may file a pooling affidavit. This document combines the acreage assigned to spacing/proration units from multiple leases into a single unit for efficient operations and resource extraction. 4. Spacing Affidavit: In certain situations, it may be necessary to adjust the spacing between producing wells to optimize resource extraction. A spacing affidavit would outline the specific spacing requirements for each well and the allocated acreage in the surrounding units. 5. Proration Affidavit: Proration refers to the allocation or distribution of production among various oil or gas wells. A proration affidavit would specify the acreage assigned to each well within the spacing units and establish the proration methodology to be followed. It is important to note that the specific names or types of Minnesota Affidavit As to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee may vary depending on individual lease agreements and the specific requirements of the Minnesota Department of Natural Resources or other regulating authorities.

Minnesota Affidavit As to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee is a legal document used in the state of Minnesota that outlines the allocation of acreage to spacing/proration units surrounding producing wells. This affidavit is typically filed by the lessee, who is responsible for the exploration and production of the oil or gas wells. Keywords: Minnesota, affidavit, acreage, spacing, proration units, producing wells, lessee Types of Minnesota Affidavit As to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee: 1. Initial Affidavit: This type of affidavit is filed by the lessee at the beginning of the exploration and production process. It provides the initial allocation of acreage to the spacing/proration units around the producing wells. 2. Amended Affidavit: If there are any changes or adjustments required in the initial affidavit, an amended affidavit is filed. This could be due to changes in well locations, discovery of additional mineral reserves, or modifications to the initial plans. 3. Pooling Affidavit: When multiple leases or rights holders are involved in a particular location, the lessee may file a pooling affidavit. This document combines the acreage assigned to spacing/proration units from multiple leases into a single unit for efficient operations and resource extraction. 4. Spacing Affidavit: In certain situations, it may be necessary to adjust the spacing between producing wells to optimize resource extraction. A spacing affidavit would outline the specific spacing requirements for each well and the allocated acreage in the surrounding units. 5. Proration Affidavit: Proration refers to the allocation or distribution of production among various oil or gas wells. A proration affidavit would specify the acreage assigned to each well within the spacing units and establish the proration methodology to be followed. It is important to note that the specific names or types of Minnesota Affidavit As to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee may vary depending on individual lease agreements and the specific requirements of the Minnesota Department of Natural Resources or other regulating authorities.