Montana Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-187
• 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 is made for the purpose of giving notice that the Lease has been extended beyond its stated primary term in accordance with the terms of the Lease. Montana Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in the state of Montana to extend the term of an oil and gas lease beyond its primary term. This affidavit is filed by the lessee or operator of the lease to provide evidence of production or other activities that justify the extension of the lease. The Montana Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term serves as a means to demonstrate to the Montana Board of Oil and Gas Conservation that the lease is being actively developed and producing oil or gas in commercial quantities. It helps prevent the lease from expiring due to lack of production within the primary term. Keywords: Montana Affidavit of Production, extend oil and gas lease, primary term, lessee, operator, evidence of production, activities, justification, lease extension, Montana Board of Oil and Gas Conservation, actively developed, commercial quantities, prevent lease expiration. Different types of Montana Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term may include: 1. Affidavit of Oil Production: This type of affidavit is filed when the lessee provides evidence of oil production in commercial quantities as a basis for extending the lease beyond the primary term. 2. Affidavit of Gas Production: This variant of the affidavit is submitted to demonstrate the production of natural gas in significant quantities, justifying the extension of the oil and gas lease beyond the primary term. 3. Affidavit of Activities Justifying Lease Extension: In cases where there might not be substantial production, this type of affidavit highlights other activities (besides production) carried out on the lease that support its extension, such as drilling, exploration, or well maintenance. 4. Affidavit of Combined Oil and Gas Production: If both oil and gas are being extracted and produced in commercial quantities, this affidavit combines evidence of both types of production to extend the lease beyond the primary term. 5. Affidavit of Regulatory Compliance: Here, the lessee submits an affidavit to affirm that they are complying with all applicable rules, regulations, and permits set forth by the Montana Board of Oil and Gas Conservation to justify the lease extension. Remember, the specific names and types of Montana Affidavit of Production may vary depending on the requirements and regulations established by the Montana Board of Oil and Gas Conservation.

Montana Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in the state of Montana to extend the term of an oil and gas lease beyond its primary term. This affidavit is filed by the lessee or operator of the lease to provide evidence of production or other activities that justify the extension of the lease. The Montana Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term serves as a means to demonstrate to the Montana Board of Oil and Gas Conservation that the lease is being actively developed and producing oil or gas in commercial quantities. It helps prevent the lease from expiring due to lack of production within the primary term. Keywords: Montana Affidavit of Production, extend oil and gas lease, primary term, lessee, operator, evidence of production, activities, justification, lease extension, Montana Board of Oil and Gas Conservation, actively developed, commercial quantities, prevent lease expiration. Different types of Montana Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term may include: 1. Affidavit of Oil Production: This type of affidavit is filed when the lessee provides evidence of oil production in commercial quantities as a basis for extending the lease beyond the primary term. 2. Affidavit of Gas Production: This variant of the affidavit is submitted to demonstrate the production of natural gas in significant quantities, justifying the extension of the oil and gas lease beyond the primary term. 3. Affidavit of Activities Justifying Lease Extension: In cases where there might not be substantial production, this type of affidavit highlights other activities (besides production) carried out on the lease that support its extension, such as drilling, exploration, or well maintenance. 4. Affidavit of Combined Oil and Gas Production: If both oil and gas are being extracted and produced in commercial quantities, this affidavit combines evidence of both types of production to extend the lease beyond the primary term. 5. Affidavit of Regulatory Compliance: Here, the lessee submits an affidavit to affirm that they are complying with all applicable rules, regulations, and permits set forth by the Montana Board of Oil and Gas Conservation to justify the lease extension. Remember, the specific names and types of Montana Affidavit of Production may vary depending on the requirements and regulations established by the Montana Board of Oil and Gas Conservation.