Nebraska Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-008
• Format: Word; Rich Text

Description

As evidnce that an oil and gas lease has expired, a mineral owner may elect to complete and file of record an affidavit of this type. Nebraska Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document used in the state of Nebraska to formally declare the cessation of production and subsequent plugging of an oil or gas well. This affidavit is essential for ensuring compliance with state regulations and to notify relevant authorities about the status of a well. The Nebraska Affidavit of Cessation of Production and Plugging of Well requires specific information to be included. Firstly, the affidavit must specify the well's identification number, lease name, and the county in which it is located. It should also provide the effective date of cessation of production, indicating the exact day when production activities ceased. Furthermore, this affidavit requires the date of the last royalty payment to be stated. The last royalty payment date is crucial for determining the financial obligations related to the well and ensuring that proper royalty payments are made to the appropriate parties. It's important to note that there may be different types or variations of the Nebraska Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment based on specific circumstances or requirements. These variations could include: 1. Standard Affidavit of Cessation of Production and Plugging of Well: This type of affidavit is used for ordinary situations where a well has stopped producing and needs to be plugged. 2. Affidavit of Cessation of Production and Plugging of Well with Special Circumstances: This variation would be used if there are special circumstances or conditions surrounding the cessation and plugging of the well, such as environmental concerns or unique regulatory requirements. In conclusion, the Nebraska Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a crucial legal document that ensures compliance with state regulations and provides notification to the relevant authorities regarding the cessation of production and plugging of an oil or gas well.

Nebraska Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document used in the state of Nebraska to formally declare the cessation of production and subsequent plugging of an oil or gas well. This affidavit is essential for ensuring compliance with state regulations and to notify relevant authorities about the status of a well. The Nebraska Affidavit of Cessation of Production and Plugging of Well requires specific information to be included. Firstly, the affidavit must specify the well's identification number, lease name, and the county in which it is located. It should also provide the effective date of cessation of production, indicating the exact day when production activities ceased. Furthermore, this affidavit requires the date of the last royalty payment to be stated. The last royalty payment date is crucial for determining the financial obligations related to the well and ensuring that proper royalty payments are made to the appropriate parties. It's important to note that there may be different types or variations of the Nebraska Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment based on specific circumstances or requirements. These variations could include: 1. Standard Affidavit of Cessation of Production and Plugging of Well: This type of affidavit is used for ordinary situations where a well has stopped producing and needs to be plugged. 2. Affidavit of Cessation of Production and Plugging of Well with Special Circumstances: This variation would be used if there are special circumstances or conditions surrounding the cessation and plugging of the well, such as environmental concerns or unique regulatory requirements. In conclusion, the Nebraska Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a crucial legal document that ensures compliance with state regulations and provides notification to the relevant authorities regarding the cessation of production and plugging of an oil or gas well.