This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Pennsylvania Location of Wells, Lines, Roads, Tank Batteries, and Other Structures
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US-OG-806
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FAQ
The oil rush in America started in Titusville, Pennsylvania, in the Oil Creek Valley when Edwin L. Drake struck "rock oil" there in 1859. Titusville and other towns on the shores of Oil Creek expanded rapidly as oil wells and refineries shot up across the region.
Fracking has been safely used in the United States since 1947. More than 1.7 million U.S. wells have been completed using the fracking process, producing more than seven billion barrels of oil and 600 trillion cubic feet of natural gas.
Unconventional Resources are oil or gas-bearing units where the permeability and porosity are so low that the resource cannot be extracted economically through a vertical well bore and instead requires a horizontal well bore followed by multistage hydraulic fracturing to achieve economic production.
Most of the crude oil comes from the counties of McKean, Warren, Forest and Venango in northwest Pennsylvania, with additional production in the counties between Butler and Greene in the southwest part of the state.
Oil and natural gas production (ONGP) is a prominent industry in Pennsylvania. To date, there have been approximately 350,000 conventional oil and natural gas and 13,000 unconventional natural gas wells drilled in the state.
How much land in Pennsylvania has been affected by Marcellus Shale drilling? As of August 2012, about 6,400 Marcellus wells had been drilled in Pennsylvania and nearly 2,500 additional permits had been issued. On average there were two wells per pad, or roughly 3,200 pads in the state.
Data ReservesCrude Oil (as of Dec. 31)8 million barrels2021Expected Future Production of Dry Natural Gas (as of Dec. 31)105,564 billion cu ft2021Expected Future Production of Natural Gas Plant Liquids957 million barrels2021Recoverable Coal at Producing Mines1,370 million short tons20216 more rows ?
Pennsylvania has upwards of 200,000 estimated orphan and abandoned wells, many drilled before modern regulations took effect. The state has documented about 25,000 of these wells. Pennsylvania got $25 million in the first round of well-plugging money.
There are currently 591 active producers in the state of Pennsylvania. What is the average depth an oil or gas well is drilled in Pennsylvania? 0 feet is the average depth of a well in Pennsylvania.