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.
The New Jersey Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee is a legal document that outlines the specifics of acreage allocation for spacing and proration units concerning producing wells. This affidavit is commonly used within the oil and gas industry in New Jersey and serves as a vital tool for managing drilling operations and ensuring fair distribution of resources. The purpose of this affidavit is to accurately determine and document the acreage assigned to each spacing or proration unit. This information is crucial for maintaining regulatory compliance, allocating production royalties, and resolving any potential disputes regarding land ownership and usage rights. The affidavit provides an official record of the acreage assignment and helps maintain transparency and accountability in the oil and gas sector. Keywords: New Jersey, Affidavit, Acreage, Spacing, Proration Units, Producing Wells, Lessee, Oil and gas industry, Drilling operations, Regulatory compliance, Production royalties, Land ownership, Usage rights, Transparency, Accountability. Different types of the New Jersey Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee may include variations based on specific lease agreements, well locations, and applicable regulations. Some possible types or variations of this affidavit could include: 1. New Jersey Affidavit for Shallow Wells: This type of affidavit is tailored for the assignment of acreage to spacing and proration units specifically for shallow wells within the state of New Jersey. It may consider different regulations and guidelines for these particular wells. 2. New Jersey Affidavit for Deep Wells: This type of affidavit would focus on acreage assignments related to deep wells drilled in New Jersey. Deep wells may involve different extraction techniques, regulations, and considerations compared to shallow wells, necessitating a specific affidavit. 3. New Jersey Affidavit for Offshore Wells: If the producing wells are located offshore, this type of affidavit would address the unique challenges, regulations, and acreage assignments associated with offshore drilling operations in New Jersey waters. 4. New Jersey Affidavit for Horizontal Wells: Horizontal drilling techniques have gained popularity in recent years, and this type of affidavit would address acreage assignments specifically related to horizontal wells. It would consider factors such as lateral lengths, multi-unit spacing, and proration rules applicable to horizontal well operations. These variations of the New Jersey Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee ensure that the document accurately reflects the specific circumstances and regulatory requirements relevant to the particular type of drilling operation within the state of New Jersey.
The New Jersey Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee is a legal document that outlines the specifics of acreage allocation for spacing and proration units concerning producing wells. This affidavit is commonly used within the oil and gas industry in New Jersey and serves as a vital tool for managing drilling operations and ensuring fair distribution of resources. The purpose of this affidavit is to accurately determine and document the acreage assigned to each spacing or proration unit. This information is crucial for maintaining regulatory compliance, allocating production royalties, and resolving any potential disputes regarding land ownership and usage rights. The affidavit provides an official record of the acreage assignment and helps maintain transparency and accountability in the oil and gas sector. Keywords: New Jersey, Affidavit, Acreage, Spacing, Proration Units, Producing Wells, Lessee, Oil and gas industry, Drilling operations, Regulatory compliance, Production royalties, Land ownership, Usage rights, Transparency, Accountability. Different types of the New Jersey Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee may include variations based on specific lease agreements, well locations, and applicable regulations. Some possible types or variations of this affidavit could include: 1. New Jersey Affidavit for Shallow Wells: This type of affidavit is tailored for the assignment of acreage to spacing and proration units specifically for shallow wells within the state of New Jersey. It may consider different regulations and guidelines for these particular wells. 2. New Jersey Affidavit for Deep Wells: This type of affidavit would focus on acreage assignments related to deep wells drilled in New Jersey. Deep wells may involve different extraction techniques, regulations, and considerations compared to shallow wells, necessitating a specific affidavit. 3. New Jersey Affidavit for Offshore Wells: If the producing wells are located offshore, this type of affidavit would address the unique challenges, regulations, and acreage assignments associated with offshore drilling operations in New Jersey waters. 4. New Jersey Affidavit for Horizontal Wells: Horizontal drilling techniques have gained popularity in recent years, and this type of affidavit would address acreage assignments specifically related to horizontal wells. It would consider factors such as lateral lengths, multi-unit spacing, and proration rules applicable to horizontal well operations. These variations of the New Jersey Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee ensure that the document accurately reflects the specific circumstances and regulatory requirements relevant to the particular type of drilling operation within the state of New Jersey.