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Oklahoma Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease

State:
Multi-State
Control #:
US-OG-648
Format:
Word; 
Rich Text
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Description

This form is used as Notice of provisions for a lease.
The Oklahoma Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease is a crucial document in the oil and gas industry. It serves to notify parties involved about the presence of gas storage provisions within an oil and gas lease and outlines the necessary details and procedures associated with gas storage activities. One type of Oklahoma Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease is the "Notice of Gas Storage Rights." This type of notice is typically issued by the lessor or operator to the lessee, informing them of the existence of gas storage rights within the lease. It provides information about the specific terms and conditions under which such storage activities may occur. Another variation is the "Declaration of Gas Storage Rights." This type of declaration is often filed by the operator to officially declare their intention to utilize gas storage rights within the lease. It outlines the specific terms, responsibilities, and obligations associated with gas storage operations, including allocation of costs, conservation measures, and regulatory compliance. These notices and declarations include relevant keywords such as "Oklahoma," "gas storage," "oil and gas lease," "notice," "declaration," "lessee," and "lessor." Other keywords may include "rights," "provisions," "terms," "conditions," "operations," "costs," "responsibilities," "conservation," and "regulations." In summary, the Oklahoma Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease is a vital document that ensures transparency and proper communication between parties involved in gas storage activities. Its purpose is to notify, clarify, and establish the terms and conditions associated with gas storage rights within an oil and gas lease, promoting efficiency and avoiding any potential conflicts.

The Oklahoma Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease is a crucial document in the oil and gas industry. It serves to notify parties involved about the presence of gas storage provisions within an oil and gas lease and outlines the necessary details and procedures associated with gas storage activities. One type of Oklahoma Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease is the "Notice of Gas Storage Rights." This type of notice is typically issued by the lessor or operator to the lessee, informing them of the existence of gas storage rights within the lease. It provides information about the specific terms and conditions under which such storage activities may occur. Another variation is the "Declaration of Gas Storage Rights." This type of declaration is often filed by the operator to officially declare their intention to utilize gas storage rights within the lease. It outlines the specific terms, responsibilities, and obligations associated with gas storage operations, including allocation of costs, conservation measures, and regulatory compliance. These notices and declarations include relevant keywords such as "Oklahoma," "gas storage," "oil and gas lease," "notice," "declaration," "lessee," and "lessor." Other keywords may include "rights," "provisions," "terms," "conditions," "operations," "costs," "responsibilities," "conservation," and "regulations." In summary, the Oklahoma Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease is a vital document that ensures transparency and proper communication between parties involved in gas storage activities. Its purpose is to notify, clarify, and establish the terms and conditions associated with gas storage rights within an oil and gas lease, promoting efficiency and avoiding any potential conflicts.

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FAQ

The price of fuel is not regulated in Oklahoma. The Oklahoma Corporation Commission's Petroleum Storage Tank Division has fuel inspectors who conduct inspections of fueling facilities to ensure fuel quality and accurate measurement.

The Oklahoma Corporation Commission is responsible for licensing and regulating electric power utilities, natural gas utilities, drinking water utilities and telecommunications utilities.

If you receive oil and gas royalties in Oklahoma, the operator must pay within six months of the initial sale of production and by the end of the second month after subsequent sales. If they don't pay on time, you must be paid 12% interest compounded annually on the unpaid amounts as a royalty owner.

The Corporation Commission received from the Legislature in 1915 the statutory responsibility for regulating the oil and gas exploration and production industries in Oklahoma.

The Corporation Commission was established in 1907 by Article 9 of the Oklahoma Constitution, and the First Legislature gave the Commission authority to regulate public service corporations, those businesses whose services are considered essential to the public welfare.

The Oklahoma Corporation Commission is the public utilities commission of the U.S state of Oklahoma run by three statewide elected commissioners. Authorized to employ more than 400 employees, it regulates oil and gas drilling, utilities and telephone companies.

Use tax receipts, received on out-of-state purchases including internet sales, generated $91.7 million, up by $6.8 million, or 8%. Gross production taxes on oil and natural gas totaled $99.8 million, a decrease of $97.9 million, or 49.5%. Motor vehicle taxes produced $71 million, a decrease of $4.2 million, or 6.3%.

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Be sure the document meets all the necessary state requirements. If possible preview it and read the description before buying it. Hit Buy Now. Select the ... from the well or wells drilled within the unit, or in the gas well rental provided for in the lease covering such separately owned tract or interest in lieu ...Oil and Gas Downloadable Forms. All forms submitted to the OCC beginning July 1, 2020 must be the latest version of the form, provided below on this page. Notice and Declaration of Gas Storage (Provided for in Oil and Gas Lease) ... Lease was Unrecorded and a Memorandum or Notice of Lease was Placed of Record) ... The easiest way to edit Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease in PDF format online · Log in to your account. · Import a form ... ... the two sections above, notice of public hearing is required. Said notice shall include the legal description of the lease, the date, time and place of the ... To do this you must know the Production Unit Number that was assigned to the lease by the. Oklahoma Tax Commission, and the purchaser number. Oil Production ... Jan 8, 2015 — Thus the Oklahoma statute provides that: “Each unit and unit area shall be limited to all or a portion of a single common source of supply. OIL AND GAS MINING LEASE. (3 YEAR PAID-UP LEASE). This lease is made and entered into in duplicate, on AWARD DATE by and between the Commissioners of the ... Ratification of Gas Storage Lease at DB 537-. 572. 07/18/1991 07/18/1991. DEED ... taxes, the 1/2 oil and gas interest under. Conveys all RTI in, with other ...

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Oklahoma Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease