North Dakota 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. The North Dakota Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in North Dakota to extend the duration of an oil and gas lease beyond its initial term. This affidavit is necessary when a lessee wishes to continue drilling and extracting oil and gas from a leased property. The primary term of an oil and gas lease refers to the initial period during which the lessee has the exclusive right to explore, drill, and produce oil and gas on the leasehold. Once the primary term expires, the lessee typically needs to demonstrate that there is ongoing production on the property to extend the lease. To execute the North Dakota Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term, the lessee must provide specific information regarding the lease, including lease identification details, land description, and primary term expiration date. Additionally, the lessee is required to present evidence of continuous production or capability of production from at least one well on the leasehold. Different types or variations of the North Dakota Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term may not exist, as it is a standard form that needs to be completed according to state regulations. However, it is crucial to ensure that the affidavit is tailored to the specific lease and property details to remain legally valid. Keywords: North Dakota, affidavit of production, extend, oil and gas lease, primary term, drilling, extraction, leasehold, lease identification, land description, expiration date, continuous production, capability of production, lessee, legal document, state regulations.

The North Dakota Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in North Dakota to extend the duration of an oil and gas lease beyond its initial term. This affidavit is necessary when a lessee wishes to continue drilling and extracting oil and gas from a leased property. The primary term of an oil and gas lease refers to the initial period during which the lessee has the exclusive right to explore, drill, and produce oil and gas on the leasehold. Once the primary term expires, the lessee typically needs to demonstrate that there is ongoing production on the property to extend the lease. To execute the North Dakota Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term, the lessee must provide specific information regarding the lease, including lease identification details, land description, and primary term expiration date. Additionally, the lessee is required to present evidence of continuous production or capability of production from at least one well on the leasehold. Different types or variations of the North Dakota Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term may not exist, as it is a standard form that needs to be completed according to state regulations. However, it is crucial to ensure that the affidavit is tailored to the specific lease and property details to remain legally valid. Keywords: North Dakota, affidavit of production, extend, oil and gas lease, primary term, drilling, extraction, leasehold, lease identification, land description, expiration date, continuous production, capability of production, lessee, legal document, state regulations.