The Oregon Exhibit Schedule of Oil and Gas Leases Form 3 is a crucial document that provides detailed information about the various oil and gas lease agreements in the state of Oregon. This form is essential for maintaining transparency and ensuring proper management of oil and gas resources within the region. It serves as a comprehensive record of all leases and plays a key role in the regulation and monitoring of the oil and gas industry in Oregon. The Oregon Exhibit Schedule of Oil and Gas Leases Form 3 is divided into different sections to ensure systematic organization of lease information. It includes relevant details such as lease numbers, effective dates, expiration dates, acreages, well numbers, and the names of the lessees involved. This ensures a clear overview of the active leases and facilitates the identification of current lessee obligations and responsibilities. Furthermore, the Oregon Exhibit Schedule of Oil and Gas Leases Form 3 features additional sections for recording modifications, extensions, and surrender or termination of leases. These sections enable updating and tracking any changes or updates to the lease agreements, ensuring accurate and up-to-date information regarding the status of each lease. In terms of the different types of Oregon Exhibit Schedule of Oil and Gas Leases Form 3, they can vary depending on the specific purpose or context of the lease agreement. For instance, some forms may be specific to a particular geographic area or oil and gas field within Oregon. Additionally, there may be separate forms for different categories of leases, such as exploration leases, production leases, or pipelines leases. These variations provide a more tailored approach to managing the diverse aspects of oil and gas operations in Oregon. In summary, the Oregon Exhibit Schedule of Oil and Gas Leases Form 3 is a critical document for the oil and gas industry in Oregon. It serves as an important record-keeping tool, providing detailed information about lease agreements, modifications, and terminations. By utilizing this form, the state can effectively monitor and regulate the utilization and management of its oil and gas resources.