New Jersey 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 New Jersey Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document that allows the extension of an oil and gas lease in the state of New Jersey. This affidavit serves as proof of the lessee's continuous production of oil or gas during the primary term of the lease and is necessary to prevent the lease from expiring. This affidavit is crucial for oil and gas companies operating in New Jersey as it provides them with the opportunity to extend the lease agreement beyond the primary term. It ensures that the lessee can continue their operations and exploration activities on the leased property, allowing for continued oil and gas production. To be considered valid, the New Jersey Affidavit of Production must include specific information. It should clearly state the lessee's name, contact details, and the legal description of the leased property. Additionally, the affidavit needs to outline the production activities and the amount of oil or gas extracted during the primary term period. Keywords: New Jersey, Affidavit of Production, Extend, Oil and Gas Lease, Primary Term, legal document, lessee, continuous production, expiring, operations, exploration activities, validity, contact details, legal description, extracted. Different types of New Jersey Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term can include: 1. New Jersey Affidavit of Production for Oil Lease: This document specifically focuses on the production and extraction of oil during the primary term of the lease. 2. New Jersey Affidavit of Production for Gas Lease: This affidavit is tailored to the production and extraction of natural gas during the primary term of the lease. 3. New Jersey Joint Affidavit of Production: This type of affidavit is used when multiple lessees or companies operate together and collectively provide evidence of production to extend the lease beyond its primary term. 4. New Jersey Affidavit of Continuous Production: This affidavit emphasizes the importance of continuous production throughout the primary term and verifies that the production has not ceased at any given period. 5. New Jersey Affidavit of Enhanced Production: This document showcases any technological or operational improvements made by the lessee, resulting in improved production rates during the primary term. These variations of the New Jersey Affidavit of Production cater to specific situations and requirements, ensuring that all relevant details are included based on the nature of oil and gas operations on the leased property.

The New Jersey Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document that allows the extension of an oil and gas lease in the state of New Jersey. This affidavit serves as proof of the lessee's continuous production of oil or gas during the primary term of the lease and is necessary to prevent the lease from expiring. This affidavit is crucial for oil and gas companies operating in New Jersey as it provides them with the opportunity to extend the lease agreement beyond the primary term. It ensures that the lessee can continue their operations and exploration activities on the leased property, allowing for continued oil and gas production. To be considered valid, the New Jersey Affidavit of Production must include specific information. It should clearly state the lessee's name, contact details, and the legal description of the leased property. Additionally, the affidavit needs to outline the production activities and the amount of oil or gas extracted during the primary term period. Keywords: New Jersey, Affidavit of Production, Extend, Oil and Gas Lease, Primary Term, legal document, lessee, continuous production, expiring, operations, exploration activities, validity, contact details, legal description, extracted. Different types of New Jersey Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term can include: 1. New Jersey Affidavit of Production for Oil Lease: This document specifically focuses on the production and extraction of oil during the primary term of the lease. 2. New Jersey Affidavit of Production for Gas Lease: This affidavit is tailored to the production and extraction of natural gas during the primary term of the lease. 3. New Jersey Joint Affidavit of Production: This type of affidavit is used when multiple lessees or companies operate together and collectively provide evidence of production to extend the lease beyond its primary term. 4. New Jersey Affidavit of Continuous Production: This affidavit emphasizes the importance of continuous production throughout the primary term and verifies that the production has not ceased at any given period. 5. New Jersey Affidavit of Enhanced Production: This document showcases any technological or operational improvements made by the lessee, resulting in improved production rates during the primary term. These variations of the New Jersey Affidavit of Production cater to specific situations and requirements, ensuring that all relevant details are included based on the nature of oil and gas operations on the leased property.