Wyoming 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. Wyoming Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a crucial legal document in the oil and gas industry. This affidavit serves as an official record of the acreage assigned to spacing and proration units around producing wells in the state of Wyoming, as determined by the lessee. The purpose of this affidavit is to ensure compliance with the Wyoming Oil and Gas Conservation Commission's regulations and guidelines regarding the allocation of acreage for oil and gas production. It provides transparency and accuracy in determining the boundaries and dimensions of spacing and proration units to avoid any discrepancies or disputes. 1. Spacing Unit Assignment: The Wyoming Affidavit As to Acreage Assigned to Spacing Units by Lessee section of the document specifically refers to the allocation of acreage within a designated spacing unit. A spacing unit is an area of land within which oil and gas wells are drilled to effectively exploit the hydrocarbon reservoir. This affidavit outlines the lessee's assignment of acreage to establish the boundaries of the spacing unit accurately. 2. Proration Unit Assignment: The Proration Units section of the affidavit focuses on the allocation of acreage within a proration unit. A proration unit is a subdivision of a spacing unit used to determine the proportionate share of production allocated to each well within a specific area. The lessee provides details regarding the acreage assigned to individual proration units in this section of the document. 3. Well Identification: This section includes detailed information about the producing wells, such as their exact location, well numbers, and legal descriptions. It ensures that the acreage assigned to each spacing or proration unit corresponds accurately to the wells' specific locations. The affidavit may contain maps, surveys, or legal descriptions to provide a comprehensive understanding of the well site. 4. Compliance with Regulations: The Wyoming Affidavit also affirms the lessee's compliance with the Wyoming Oil and Gas Conservation Commission's regulations pertaining to acreage assignments. The lessee acknowledges that the affidavit has been prepared in accordance with the Commission's rules and guidelines, ensuring adherence to industry standards and regulatory requirements. The Wyoming Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a critical document for the effective management and regulation of oil and gas production in Wyoming. It establishes accurate acreage boundaries for spacing and proration units, promoting equitable distribution of production and minimizing disputes or disagreements among lessees.

Wyoming Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a crucial legal document in the oil and gas industry. This affidavit serves as an official record of the acreage assigned to spacing and proration units around producing wells in the state of Wyoming, as determined by the lessee. The purpose of this affidavit is to ensure compliance with the Wyoming Oil and Gas Conservation Commission's regulations and guidelines regarding the allocation of acreage for oil and gas production. It provides transparency and accuracy in determining the boundaries and dimensions of spacing and proration units to avoid any discrepancies or disputes. 1. Spacing Unit Assignment: The Wyoming Affidavit As to Acreage Assigned to Spacing Units by Lessee section of the document specifically refers to the allocation of acreage within a designated spacing unit. A spacing unit is an area of land within which oil and gas wells are drilled to effectively exploit the hydrocarbon reservoir. This affidavit outlines the lessee's assignment of acreage to establish the boundaries of the spacing unit accurately. 2. Proration Unit Assignment: The Proration Units section of the affidavit focuses on the allocation of acreage within a proration unit. A proration unit is a subdivision of a spacing unit used to determine the proportionate share of production allocated to each well within a specific area. The lessee provides details regarding the acreage assigned to individual proration units in this section of the document. 3. Well Identification: This section includes detailed information about the producing wells, such as their exact location, well numbers, and legal descriptions. It ensures that the acreage assigned to each spacing or proration unit corresponds accurately to the wells' specific locations. The affidavit may contain maps, surveys, or legal descriptions to provide a comprehensive understanding of the well site. 4. Compliance with Regulations: The Wyoming Affidavit also affirms the lessee's compliance with the Wyoming Oil and Gas Conservation Commission's regulations pertaining to acreage assignments. The lessee acknowledges that the affidavit has been prepared in accordance with the Commission's rules and guidelines, ensuring adherence to industry standards and regulatory requirements. The Wyoming Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a critical document for the effective management and regulation of oil and gas production in Wyoming. It establishes accurate acreage boundaries for spacing and proration units, promoting equitable distribution of production and minimizing disputes or disagreements among lessees.