Bexar Texas Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• County: Bexar
• Control #: US-OG-008
• Format: Word; Rich Text

Description

As evidnce that an oil and gas lease has expired, a mineral owner may elect to complete and file of record an affidavit of this type. The Bexar Texas Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that pertains to the cessation of oil or gas production from a well, along with the proper plugging and abandonment procedures. This affidavit is required by the Bexar County, Texas authorities to address and ensure the compliance of operators or leaseholders with the regulations governing oil and gas operations. When submitting the Bexar Texas Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, it is crucial to provide accurate and detailed information to ensure transparency and adherence to the prescribed guidelines. The affidavit includes essential details such as the lease number, well name, operator's information, and identification of the lease area. Additionally, it is necessary to specify the date of the last royalty payment made, demonstrating the end of royalty obligations following the cessation of production activities. By indicating the exact date of the last payment, the affidavit ensures that leaseholders fulfill their financial responsibilities until the cessation of production. Different types or variations of the Bexar Texas Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment may include: 1. Standard Affidavit of Cessation: This type of affidavit is typically used when there is a complete and permanent halt of oil or gas production from a specific well. It outlines the plugging and abandonment procedures that have been or will be undertaken to ensure proper closure. 2. Temporary Cessation Affidavit: In cases where the cessation of production is a temporary measure, such as for maintenance or repairs, a temporary cessation affidavit may be required. This document specifies the expected duration of production interruption and the steps taken to resume operations. 3. Multiple Well Affidavit: If an operator or leaseholder intends to cease production and plug multiple wells within a specific lease area, a multiple well affidavit is necessary. This affidavit provides a consolidated overview of all wells targeted for cessation, including their respective royalty payment details and plugging plans. Overall, the Bexar Texas Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment ensures compliance with regulatory requirements and facilitates the proper management, documentation, and closure of oil or gas wells while addressing financial obligations.

The Bexar Texas Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that pertains to the cessation of oil or gas production from a well, along with the proper plugging and abandonment procedures. This affidavit is required by the Bexar County, Texas authorities to address and ensure the compliance of operators or leaseholders with the regulations governing oil and gas operations. When submitting the Bexar Texas Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, it is crucial to provide accurate and detailed information to ensure transparency and adherence to the prescribed guidelines. The affidavit includes essential details such as the lease number, well name, operator's information, and identification of the lease area. Additionally, it is necessary to specify the date of the last royalty payment made, demonstrating the end of royalty obligations following the cessation of production activities. By indicating the exact date of the last payment, the affidavit ensures that leaseholders fulfill their financial responsibilities until the cessation of production. Different types or variations of the Bexar Texas Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment may include: 1. Standard Affidavit of Cessation: This type of affidavit is typically used when there is a complete and permanent halt of oil or gas production from a specific well. It outlines the plugging and abandonment procedures that have been or will be undertaken to ensure proper closure. 2. Temporary Cessation Affidavit: In cases where the cessation of production is a temporary measure, such as for maintenance or repairs, a temporary cessation affidavit may be required. This document specifies the expected duration of production interruption and the steps taken to resume operations. 3. Multiple Well Affidavit: If an operator or leaseholder intends to cease production and plug multiple wells within a specific lease area, a multiple well affidavit is necessary. This affidavit provides a consolidated overview of all wells targeted for cessation, including their respective royalty payment details and plugging plans. Overall, the Bexar Texas Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment ensures compliance with regulatory requirements and facilitates the proper management, documentation, and closure of oil or gas wells while addressing financial obligations.