Nevada 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. The Nevada Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document used in the state of Nevada to notify the appropriate authorities about the cessation of oil or gas production from a well and the date of the last royalty payment. This affidavit is crucial for maintaining accurate records and ensuring compliance with regulations. When it comes to the different types of Nevada Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, there are no specific variations or types mentioned in the available information. However, it is important to note that oil and gas operations can vary in scale and specific requirements, so different wells or companies might have their own unique circumstances when filing this affidavit. The Nevada Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment typically contains several key elements. These may include: 1. Well Information: The affidavit will require details about the specific well, such as its name, API number, location, and operator details. This information ensures accurate identification of the well and its associated production records. 2. Cessation of Production: The affidavit will specify the date on which the production activity ceased. This is a critical aspect as it helps the relevant authorities track and monitor well statuses. 3. Plugging Details: Information about the plugging activities, including the methods employed, materials used, and any applicable regulatory compliance, must be provided. Plugging a well is a crucial step to ensure the safety and environmental protection of the site. 4. Royalty Payment Date: The affidavit will require the date of the last royalty payment made for the production from the well. This information is essential for accurate accounting and notification to the relevant entities responsible for royalty collection. 5. Legal Statements and Signatures: The affidavit will typically include legal statements declaring the accuracy of the information provided and asserting compliance with applicable regulations. It will also require the signatures of the responsible parties, such as the well operator or leaseholder. The Nevada Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment plays a vital role in maintaining accurate records of production activities and ensuring compliance with state regulations. By providing detailed information about the well, cessation of production, plugging activities, and last royalty payment date, this document helps authorities maintain accurate data and enforce regulation effectively.

The Nevada Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document used in the state of Nevada to notify the appropriate authorities about the cessation of oil or gas production from a well and the date of the last royalty payment. This affidavit is crucial for maintaining accurate records and ensuring compliance with regulations. When it comes to the different types of Nevada Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, there are no specific variations or types mentioned in the available information. However, it is important to note that oil and gas operations can vary in scale and specific requirements, so different wells or companies might have their own unique circumstances when filing this affidavit. The Nevada Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment typically contains several key elements. These may include: 1. Well Information: The affidavit will require details about the specific well, such as its name, API number, location, and operator details. This information ensures accurate identification of the well and its associated production records. 2. Cessation of Production: The affidavit will specify the date on which the production activity ceased. This is a critical aspect as it helps the relevant authorities track and monitor well statuses. 3. Plugging Details: Information about the plugging activities, including the methods employed, materials used, and any applicable regulatory compliance, must be provided. Plugging a well is a crucial step to ensure the safety and environmental protection of the site. 4. Royalty Payment Date: The affidavit will require the date of the last royalty payment made for the production from the well. This information is essential for accurate accounting and notification to the relevant entities responsible for royalty collection. 5. Legal Statements and Signatures: The affidavit will typically include legal statements declaring the accuracy of the information provided and asserting compliance with applicable regulations. It will also require the signatures of the responsible parties, such as the well operator or leaseholder. The Nevada Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment plays a vital role in maintaining accurate records of production activities and ensuring compliance with state regulations. By providing detailed information about the well, cessation of production, plugging activities, and last royalty payment date, this document helps authorities maintain accurate data and enforce regulation effectively.