Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-168
• 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 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. Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that plays a crucial role in the oil and gas industry. It outlines the allocation of acreage within spacing and proration units surrounding producing wells, as determined by the lessee or the party responsible for the development and production of oil and gas resources. This affidavit serves as evidence of the lessee's compliance with regulatory requirements and ensures accurate calculation of production volumes and royalties. This document establishes the boundaries of spacing and proration units, providing a detailed description of the acreage assigned to each unit. It also specifies the lessee's proportional interest in the production from each unit. Keywords: Ohio, affidavit, acreage, assigned, spacing, proration, units, producing wells, lessee. Types of Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee: 1. Standard Ohio Affidavit: This is the basic type of affidavit required by the Ohio Department of Natural Resources or the relevant regulatory authority. It includes all the essential information about acreage allocation, spacing, proration units, and the lessee's proportional interest. 2. Amended Ohio Affidavit: Sometimes, changes may occur after the initial filing of the affidavit due to factors like new well development, revised spacing regulations, or adjustments in leasehold interests. In such cases, an amended affidavit is filed to reflect the updated information and the changes made. 3. Consolidated Ohio Affidavit: If a lessee operates multiple wells across several leasehold areas within proximity, they may choose to consolidate their affidavits into a single document. This affidavit would encompass all the required details for each well and its respective spacing/proration units, maximizing efficiency and compliance. 4. Affidavit of Unity of Title: This type of affidavit is sometimes filed along with the Ohio Affidavit as it certifies that the lessee holds a unified title to the acreage assigned to the spacing/proration units. It proves the lessee's legal authority to operate the producing wells and ensures accurate distribution of royalties and financial obligations. Remember, it's important to consult with legal professionals or industry experts to properly complete and file any Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee, as regulations and specific requirements may vary.

Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that plays a crucial role in the oil and gas industry. It outlines the allocation of acreage within spacing and proration units surrounding producing wells, as determined by the lessee or the party responsible for the development and production of oil and gas resources. This affidavit serves as evidence of the lessee's compliance with regulatory requirements and ensures accurate calculation of production volumes and royalties. This document establishes the boundaries of spacing and proration units, providing a detailed description of the acreage assigned to each unit. It also specifies the lessee's proportional interest in the production from each unit. Keywords: Ohio, affidavit, acreage, assigned, spacing, proration, units, producing wells, lessee. Types of Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee: 1. Standard Ohio Affidavit: This is the basic type of affidavit required by the Ohio Department of Natural Resources or the relevant regulatory authority. It includes all the essential information about acreage allocation, spacing, proration units, and the lessee's proportional interest. 2. Amended Ohio Affidavit: Sometimes, changes may occur after the initial filing of the affidavit due to factors like new well development, revised spacing regulations, or adjustments in leasehold interests. In such cases, an amended affidavit is filed to reflect the updated information and the changes made. 3. Consolidated Ohio Affidavit: If a lessee operates multiple wells across several leasehold areas within proximity, they may choose to consolidate their affidavits into a single document. This affidavit would encompass all the required details for each well and its respective spacing/proration units, maximizing efficiency and compliance. 4. Affidavit of Unity of Title: This type of affidavit is sometimes filed along with the Ohio Affidavit as it certifies that the lessee holds a unified title to the acreage assigned to the spacing/proration units. It proves the lessee's legal authority to operate the producing wells and ensures accurate distribution of royalties and financial obligations. Remember, it's important to consult with legal professionals or industry experts to properly complete and file any Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee, as regulations and specific requirements may vary.