Nebraska 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 Nebraska Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is an important legal document used in the oil and gas industry. It allows landowners and leaseholders in Nebraska to extend the duration of their oil and gas lease beyond its initial primary term. The purpose of this affidavit is to provide evidence to the lease operator or the lessee that oil or gas production is still ongoing on the leased property. By submitting this affidavit, the landowner or leaseholder requests an extension of the lease agreement beyond its primary term, ensuring continued rights to the minerals. Keywords: Nebraska, Affidavit of Production, Extend, Oil and Gas Lease, Primary Term, Leaseholder, Landowner, Lease Operator, Minerals, Ongoing Production. There are different types of Nebraska Affidavits of Production to Extend Oil and Gas Lease Beyond Primary Term, including: 1. Monthly Affidavit of Production: This type of affidavit is submitted on a monthly basis to demonstrate the continuous production of oil or gas during the primary term of the lease. It includes detailed information about the production rates, well location, lease identification, and other pertinent data. 2. Yearly Affidavit of Production: This affidavit is submitted annually, outlining the production activities during the primary term of the lease. It provides an overview of the cumulative production throughout the year, including production volumes, any remedial work performed, and other relevant details. 3. Affidavit of Production for Lease Extension: This specific type of affidavit is used when the lease operator or the lessee wishes to extend the lease beyond its primary term. It includes comprehensive information about the ongoing production, ensuring that the necessary requirements for extension are met. 4. Affidavit of Production for Secondary Term Extension: In some cases, lease agreements include a secondary term, which allows for lease extension beyond the primary term. This affidavit is utilized to request an extension during the secondary term, providing evidence of continuous oil or gas production on the leased property. In conclusion, the Nebraska Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a crucial legal document in the oil and gas industry. By submitting this affidavit, leaseholders and landowners can ensure the continuation of their lease agreement and their rights to the valuable minerals beneath the surface.

The Nebraska Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is an important legal document used in the oil and gas industry. It allows landowners and leaseholders in Nebraska to extend the duration of their oil and gas lease beyond its initial primary term. The purpose of this affidavit is to provide evidence to the lease operator or the lessee that oil or gas production is still ongoing on the leased property. By submitting this affidavit, the landowner or leaseholder requests an extension of the lease agreement beyond its primary term, ensuring continued rights to the minerals. Keywords: Nebraska, Affidavit of Production, Extend, Oil and Gas Lease, Primary Term, Leaseholder, Landowner, Lease Operator, Minerals, Ongoing Production. There are different types of Nebraska Affidavits of Production to Extend Oil and Gas Lease Beyond Primary Term, including: 1. Monthly Affidavit of Production: This type of affidavit is submitted on a monthly basis to demonstrate the continuous production of oil or gas during the primary term of the lease. It includes detailed information about the production rates, well location, lease identification, and other pertinent data. 2. Yearly Affidavit of Production: This affidavit is submitted annually, outlining the production activities during the primary term of the lease. It provides an overview of the cumulative production throughout the year, including production volumes, any remedial work performed, and other relevant details. 3. Affidavit of Production for Lease Extension: This specific type of affidavit is used when the lease operator or the lessee wishes to extend the lease beyond its primary term. It includes comprehensive information about the ongoing production, ensuring that the necessary requirements for extension are met. 4. Affidavit of Production for Secondary Term Extension: In some cases, lease agreements include a secondary term, which allows for lease extension beyond the primary term. This affidavit is utilized to request an extension during the secondary term, providing evidence of continuous oil or gas production on the leased property. In conclusion, the Nebraska Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a crucial legal document in the oil and gas industry. By submitting this affidavit, leaseholders and landowners can ensure the continuation of their lease agreement and their rights to the valuable minerals beneath the surface.