North Dakota 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 North Dakota Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legally binding document utilized in the oil and gas industry in North Dakota. It is designed to assign acreage to spacing and proration units around producing wells by the lessee. The purpose of this affidavit is to ensure proper allocation and distribution of resources in accordance with state regulations and lease agreements. By accurately determining the acreage assigned to spacing and proration units, it allows for the effective management of oil and gas operations while considering environmental and legal requirements. Key Keywords: North Dakota, Affidavit, Acreage, Spacing, Proration Units, Producing Wells, Lessee, Oil and Gas, Industry. Different types of North Dakota Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee may include: 1. Initial Assignment Affidavit: This affidavit is typically filed when a well is first established or a new lease agreement is signed. It outlines the initial acreage assigned to spacing and proration units for the lessee. 2. Amended Assignment Affidavit: This type of affidavit is used when there are changes or modifications in the acreage assigned to spacing and proration units. It could be due to changes in regulations, lease agreements, or operational requirements. 3. Unit Expansion Affidavit: If the lessee intends to expand the spacing and proration units to include additional acreage around a producing well, this affidavit is filed to document and allocate the new acreage accordingly. 4. Unit Contraction Affidavit: In contrast to the unit expansion affidavit, this affidavit is filed when there is a need to reduce or contract the acreage assigned to spacing and proration units around a producing well. It may happen due to changes in operational strategies or diminishing production. 5. Unit Transfer Affidavit: When the ownership or leasehold rights of a producing well or its associated acreage are transferred from one lessee to another, this affidavit is prepared to document and authorize the transfer of acreage assigned to spacing and proration units. By employing these affidavits, oil and gas companies can ensure compliance with regulatory frameworks and maintain transparency in acreage allocation for spacing and proration units around producing wells.

A North Dakota Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legally binding document utilized in the oil and gas industry in North Dakota. It is designed to assign acreage to spacing and proration units around producing wells by the lessee. The purpose of this affidavit is to ensure proper allocation and distribution of resources in accordance with state regulations and lease agreements. By accurately determining the acreage assigned to spacing and proration units, it allows for the effective management of oil and gas operations while considering environmental and legal requirements. Key Keywords: North Dakota, Affidavit, Acreage, Spacing, Proration Units, Producing Wells, Lessee, Oil and Gas, Industry. Different types of North Dakota Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee may include: 1. Initial Assignment Affidavit: This affidavit is typically filed when a well is first established or a new lease agreement is signed. It outlines the initial acreage assigned to spacing and proration units for the lessee. 2. Amended Assignment Affidavit: This type of affidavit is used when there are changes or modifications in the acreage assigned to spacing and proration units. It could be due to changes in regulations, lease agreements, or operational requirements. 3. Unit Expansion Affidavit: If the lessee intends to expand the spacing and proration units to include additional acreage around a producing well, this affidavit is filed to document and allocate the new acreage accordingly. 4. Unit Contraction Affidavit: In contrast to the unit expansion affidavit, this affidavit is filed when there is a need to reduce or contract the acreage assigned to spacing and proration units around a producing well. It may happen due to changes in operational strategies or diminishing production. 5. Unit Transfer Affidavit: When the ownership or leasehold rights of a producing well or its associated acreage are transferred from one lessee to another, this affidavit is prepared to document and authorize the transfer of acreage assigned to spacing and proration units. By employing these affidavits, oil and gas companies can ensure compliance with regulatory frameworks and maintain transparency in acreage allocation for spacing and proration units around producing wells.