Montana 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. A Montana Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that provides a detailed description of the acreage allotted to spacing and proration units surrounding producing wells. This affidavit is typically used in the oil and gas industry, ensuring compliance with regulations and facilitating proper allocation of resources. Keywords: Montana Affidavit, acreage assigned, spacing units, proration units, producing wells, Lessee, oil and gas, legal document, compliance, resource allocation. Different types of Montana Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee may include: 1. Initial Affidavit: This document is filed when the spacing and proration units are initially established around a producing well. It outlines the acreage assigned and provides a legal foundation for future operations and resource allocation. 2. Amended Affidavit: An amended affidavit is filed when changes are made to the initially assigned acreage, either due to modifications in well production or adjustments required by regulators. It reflects the updated allocations and ensures compliance with current regulations. 3. Unit Expansion Affidavit: When there is a need to expand the existing spacing and proration units around producing wells, a unit expansion affidavit is filed. This document describes the additional acreage assigned and justifies the expansion based on economic or technical factors. 4. Lease Transfer Affidavit: In cases where the lease ownership is transferred from one entity to another, a lease transfer affidavit is filed. This document ensures that the new lessee has accurate information regarding the acreage assigned to spacing and proration units around the producing wells on the leased property. 5. Well Suspension Affidavit: When a producing well needs to be temporarily shut down or suspended, a well suspension affidavit is filed. This document may briefly describe the reasons behind the suspension and the temporary changes to the acreage assigned to spacing and proration units during the suspension period. It is important to consult with legal professionals or industry experts to ensure the accuracy and compliance of the Montana Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee documents, as specific requirements and terminology may vary.

A Montana Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that provides a detailed description of the acreage allotted to spacing and proration units surrounding producing wells. This affidavit is typically used in the oil and gas industry, ensuring compliance with regulations and facilitating proper allocation of resources. Keywords: Montana Affidavit, acreage assigned, spacing units, proration units, producing wells, Lessee, oil and gas, legal document, compliance, resource allocation. Different types of Montana Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee may include: 1. Initial Affidavit: This document is filed when the spacing and proration units are initially established around a producing well. It outlines the acreage assigned and provides a legal foundation for future operations and resource allocation. 2. Amended Affidavit: An amended affidavit is filed when changes are made to the initially assigned acreage, either due to modifications in well production or adjustments required by regulators. It reflects the updated allocations and ensures compliance with current regulations. 3. Unit Expansion Affidavit: When there is a need to expand the existing spacing and proration units around producing wells, a unit expansion affidavit is filed. This document describes the additional acreage assigned and justifies the expansion based on economic or technical factors. 4. Lease Transfer Affidavit: In cases where the lease ownership is transferred from one entity to another, a lease transfer affidavit is filed. This document ensures that the new lessee has accurate information regarding the acreage assigned to spacing and proration units around the producing wells on the leased property. 5. Well Suspension Affidavit: When a producing well needs to be temporarily shut down or suspended, a well suspension affidavit is filed. This document may briefly describe the reasons behind the suspension and the temporary changes to the acreage assigned to spacing and proration units during the suspension period. It is important to consult with legal professionals or industry experts to ensure the accuracy and compliance of the Montana Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee documents, as specific requirements and terminology may vary.