Texas 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. Title: Texas Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee: A Comprehensive Overview Description: In the state of Texas, when it comes to oil and gas operations, the Texas Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee plays a crucial role in determining the allocation of acreage within a designated area. This affidavit is a legal document submitted by the lessee (the operator or leaseholder) to the appropriate regulatory authority, typically the Texas Railroad Commission. Keywords: Texas Affidavit, Acreage Assignment, Spacing Unit, Proration Unit, Producing Wells, Lessee, Texas Railroad Commission Types of Texas Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee: 1. Well Spacing Affidavit: The well spacing affidavit is submitted by the lessee to establish the size and boundaries of a spacing unit around a producing well. It is crucial for determining the optimal distance between wells to ensure efficient reservoir drainage. 2. Acreage Assignment Affidavit: This affidavit details the allocation of acreage to each lessee within the spacing unit. It outlines the specific tracts or portions of tracts assigned to the lessee, ensuring fair distribution of rights and responsibilities. 3. Proration Unit Affidavit: The proration unit affidavit is filed to define the specific area from which production is accounted for and allocated among the working interest owners. It helps establish the appropriate proration factors for calculating production shares. 4. Combined Spacing and Proration Unit Affidavit: In some cases, the lessee may file a combined affidavit to provide comprehensive information regarding both the spacing and proration units, streamlining the administrative process and ensuring accurate reporting. These affidavits are essential in maintaining transparency, preventing disputes, and facilitating efficient resource extraction operations in Texas. They serve as a legal foundation for identifying the rights, obligations, and distribution of production among working interest owners. Note: It is important to consult with legal professionals or knowledgeable authorities to obtain accurate and up-to-date information on Texas Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee, as regulations and requirements may vary over time.

Title: Texas Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee: A Comprehensive Overview Description: In the state of Texas, when it comes to oil and gas operations, the Texas Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee plays a crucial role in determining the allocation of acreage within a designated area. This affidavit is a legal document submitted by the lessee (the operator or leaseholder) to the appropriate regulatory authority, typically the Texas Railroad Commission. Keywords: Texas Affidavit, Acreage Assignment, Spacing Unit, Proration Unit, Producing Wells, Lessee, Texas Railroad Commission Types of Texas Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee: 1. Well Spacing Affidavit: The well spacing affidavit is submitted by the lessee to establish the size and boundaries of a spacing unit around a producing well. It is crucial for determining the optimal distance between wells to ensure efficient reservoir drainage. 2. Acreage Assignment Affidavit: This affidavit details the allocation of acreage to each lessee within the spacing unit. It outlines the specific tracts or portions of tracts assigned to the lessee, ensuring fair distribution of rights and responsibilities. 3. Proration Unit Affidavit: The proration unit affidavit is filed to define the specific area from which production is accounted for and allocated among the working interest owners. It helps establish the appropriate proration factors for calculating production shares. 4. Combined Spacing and Proration Unit Affidavit: In some cases, the lessee may file a combined affidavit to provide comprehensive information regarding both the spacing and proration units, streamlining the administrative process and ensuring accurate reporting. These affidavits are essential in maintaining transparency, preventing disputes, and facilitating efficient resource extraction operations in Texas. They serve as a legal foundation for identifying the rights, obligations, and distribution of production among working interest owners. Note: It is important to consult with legal professionals or knowledgeable authorities to obtain accurate and up-to-date information on Texas Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee, as regulations and requirements may vary over time.