Oklahoma Affidavit of Nondevelopment and Nonproduction with No Production or Operations Under Prior Lease

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-183
• Format: Word; Rich Text

Description

If evidence is needed that there has been no production or operations on a lease, this affidavit provides those facts. The Oklahoma Affidavit of Nondevelopment and Nonproduction with No Production or Operations Under Prior Lease is a legal document used by landowners or leaseholders in Oklahoma to confirm that no production or operations have taken place on their leased property. This affidavit is crucial in maintaining the validity of an oil and gas lease. In Oklahoma, there are two main types of Affidavit of Nondevelopment and Nonproduction with No Production or Operations Under Prior Lease: 1. Individual Affidavit: This type of affidavit is filed by individual landowners or leaseholders to declare that their property has not witnessed any production or operations under a previous lease. The individual affine acknowledges that the leased land has remained undeveloped and nonproductive during a specific time period. 2. Corporate Affidavit: For corporate entities or organizations holding the lease, a corporate affidavit must be filed. This affidavit is similar to the individual affidavit, except that it is completed on behalf of the corporation. It states that no production or operations have occurred on the leased property under a prior lease. Keywords: — Oklahoma: Refers to the specific location where the affidavit is utilized. — Affidavit: A written statement sworn to be true, used as evidence in legal matters. — Nondevelopment: The absence of any development or progress on a property. — Nonproduction: The lack of production or operational activity on a property. — Prior Lease: Refers to a previous agreement that granted permission to use the property in question for production or operations. — Landowner: An individual or entity that owns the land. — Leaseholder: The person or entity who has been granted a lease for the property. — Oil and Gas Lease: A legally binding agreement that allows for the exploration and production of oil and gas resources on a specific property. By carefully completing the Oklahoma Affidavit of Nondevelopment and Nonproduction with No Production or Operations Under Prior Lease, landowners and leaseholders can protect their rights, ensure the integrity of the lease agreement, and maintain compliance with Oklahoma state laws.

The Oklahoma Affidavit of Nondevelopment and Nonproduction with No Production or Operations Under Prior Lease is a legal document used by landowners or leaseholders in Oklahoma to confirm that no production or operations have taken place on their leased property. This affidavit is crucial in maintaining the validity of an oil and gas lease. In Oklahoma, there are two main types of Affidavit of Nondevelopment and Nonproduction with No Production or Operations Under Prior Lease: 1. Individual Affidavit: This type of affidavit is filed by individual landowners or leaseholders to declare that their property has not witnessed any production or operations under a previous lease. The individual affine acknowledges that the leased land has remained undeveloped and nonproductive during a specific time period. 2. Corporate Affidavit: For corporate entities or organizations holding the lease, a corporate affidavit must be filed. This affidavit is similar to the individual affidavit, except that it is completed on behalf of the corporation. It states that no production or operations have occurred on the leased property under a prior lease. Keywords: — Oklahoma: Refers to the specific location where the affidavit is utilized. — Affidavit: A written statement sworn to be true, used as evidence in legal matters. — Nondevelopment: The absence of any development or progress on a property. — Nonproduction: The lack of production or operational activity on a property. — Prior Lease: Refers to a previous agreement that granted permission to use the property in question for production or operations. — Landowner: An individual or entity that owns the land. — Leaseholder: The person or entity who has been granted a lease for the property. — Oil and Gas Lease: A legally binding agreement that allows for the exploration and production of oil and gas resources on a specific property. By carefully completing the Oklahoma Affidavit of Nondevelopment and Nonproduction with No Production or Operations Under Prior Lease, landowners and leaseholders can protect their rights, ensure the integrity of the lease agreement, and maintain compliance with Oklahoma state laws.