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

State:
Multi-State
Control #:
US-OG-187
Format:
Word; 
Rich Text
Instant download

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. The North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in the state of North Carolina to request an extension of an existing oil and gas lease beyond its primary term based on the production of oil and gas from the leased property. This affidavit is submitted by the lessee (the party holding the lease), and it serves as evidence of the lessee's compliance with the lease terms and their ability to continue productive operations on the leased property. Keywords: 1. North Carolina: Pertaining specifically to the state's laws and regulations. 2. Affidavit of Production: A legal document presenting factual information and evidence related to the production of oil and gas. 3. Extend Oil and Gas Lease: Lengthening the duration of an existing lease agreement for the exploration and extraction of oil and gas resources. 4. Primary Term: The initial period specified in the lease agreement during which the lessee has the right to explore and produce oil and gas. 5. Oil and Gas: Natural resources extracted from the earth, such as petroleum and natural gas, which are commonly used as energy sources. 6. Lease Extension: Prolonging the duration of a lease beyond its primary term based on certain conditions, such as productive operations. Types of North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term: There might not be different types of affidavits specific to North Carolina for this purpose. However, it is important to consult local legal resources or an attorney familiar with the state's oil and gas regulations to determine if there are any specific variations or additional requirements. Note: While I have provided a general overview, it is essential to conduct thorough research and seek legal advice to ensure accuracy and compliance with the specific laws and regulations of North Carolina.

The North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in the state of North Carolina to request an extension of an existing oil and gas lease beyond its primary term based on the production of oil and gas from the leased property. This affidavit is submitted by the lessee (the party holding the lease), and it serves as evidence of the lessee's compliance with the lease terms and their ability to continue productive operations on the leased property. Keywords: 1. North Carolina: Pertaining specifically to the state's laws and regulations. 2. Affidavit of Production: A legal document presenting factual information and evidence related to the production of oil and gas. 3. Extend Oil and Gas Lease: Lengthening the duration of an existing lease agreement for the exploration and extraction of oil and gas resources. 4. Primary Term: The initial period specified in the lease agreement during which the lessee has the right to explore and produce oil and gas. 5. Oil and Gas: Natural resources extracted from the earth, such as petroleum and natural gas, which are commonly used as energy sources. 6. Lease Extension: Prolonging the duration of a lease beyond its primary term based on certain conditions, such as productive operations. Types of North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term: There might not be different types of affidavits specific to North Carolina for this purpose. However, it is important to consult local legal resources or an attorney familiar with the state's oil and gas regulations to determine if there are any specific variations or additional requirements. Note: While I have provided a general overview, it is essential to conduct thorough research and seek legal advice to ensure accuracy and compliance with the specific laws and regulations of North Carolina.

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