New Hampshire Survey of Lands included in Producing Or Proration Units

State:
Multi-State
Control #:
US-OG-831
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

The New Hampshire Survey of Lands included in Producing or Proration Units is a comprehensive assessment of land areas within the state that are designated for oil and gas production or proration. This survey encompasses several types of land classifications, each serving a specific purpose within the energy industry. 1. Active Producing Units: This category includes land areas where active oil and gas wells are currently in operation. These units are typically identified based on their productive capacity and are closely monitored to ensure efficient extraction and management of resources. 2. Inactive Producing Units: These are lands that were previously active producing units but have ceased operation temporarily or permanently. In some cases, these units may be placed on hold due to economic or regulatory factors, with the potential for reactivation in the future. 3. Proration Units: Proration units are designated areas within which oil and gas production is regulated. This is done to prevent excessive extraction and maintain balance among producing wells. The New Hampshire Survey of Lands identifies and delineates these units based on factors such as geological formations, well productivity, and resource availability. 4. Prospective Units: Prospective units refer to areas within the survey that hold potential for oil and gas production but have not been actively drilled or exploited yet. These units are often identified following geological surveys, seismic analysis, and other exploration techniques. The New Hampshire Survey of Lands included in Producing or Proration Units plays a crucial role in managing and optimizing the state's oil and gas resources. By extensively categorizing and monitoring different types of units, it helps ensure sustainable production practices, prevent resource depletion, and maintain environmental standards. This survey facilitates efficient decision-making processes by providing accurate data on the status, productivity, and potential of various land areas involved in oil and gas operations.

The New Hampshire Survey of Lands included in Producing or Proration Units is a comprehensive assessment of land areas within the state that are designated for oil and gas production or proration. This survey encompasses several types of land classifications, each serving a specific purpose within the energy industry. 1. Active Producing Units: This category includes land areas where active oil and gas wells are currently in operation. These units are typically identified based on their productive capacity and are closely monitored to ensure efficient extraction and management of resources. 2. Inactive Producing Units: These are lands that were previously active producing units but have ceased operation temporarily or permanently. In some cases, these units may be placed on hold due to economic or regulatory factors, with the potential for reactivation in the future. 3. Proration Units: Proration units are designated areas within which oil and gas production is regulated. This is done to prevent excessive extraction and maintain balance among producing wells. The New Hampshire Survey of Lands identifies and delineates these units based on factors such as geological formations, well productivity, and resource availability. 4. Prospective Units: Prospective units refer to areas within the survey that hold potential for oil and gas production but have not been actively drilled or exploited yet. These units are often identified following geological surveys, seismic analysis, and other exploration techniques. The New Hampshire Survey of Lands included in Producing or Proration Units plays a crucial role in managing and optimizing the state's oil and gas resources. By extensively categorizing and monitoring different types of units, it helps ensure sustainable production practices, prevent resource depletion, and maintain environmental standards. This survey facilitates efficient decision-making processes by providing accurate data on the status, productivity, and potential of various land areas involved in oil and gas operations.

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New Hampshire Survey of Lands included in Producing Or Proration Units