Fulton Georgia 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: Fulton
• 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. A Fulton, Georgia Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that is required when an oil or gas well in Fulton, Georgia ceases production and needs to be plugged. This affidavit is essential for demonstrating that the well has been properly closed, ensuring compliance with regulatory requirements and protecting the environment. The affidavit must contain specific details, including the date of the last royalty payment received for the well. This information is crucial for determining the financial obligations associated with the well's closure and ensuring that the appropriate parties are notified about the cessation of production. Keywords related to this topic include Fulton, Georgia, affidavit, cessation of production, plugging of well, royalty payment, and legal document. There may be different types of Fulton, Georgia Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, depending on the circumstances and specific requirements. Some possible variations may include: 1. Voluntary Affidavit of Cessation of Production and Plugging of Well: This type of affidavit is filed when the well's operator voluntarily decides to cease production and initiate well plugging due to various reasons, such as depletion of resources, economic factors, or environmental considerations. 2. Compulsory Affidavit of Cessation of Production and Plugging of Well: This affidavit is mandated by regulatory authorities or governing bodies when a well has reached the end of its productive life or poses potential risks to human health, safety, or the environment. It ensures that the operator complies with the necessary regulations and safely plugs the well within a specified timeframe. 3. Affidavit of Cessation of Production and Plugging of Abandoned Well: In some cases, wells in Fulton, Georgia may have been abandoned or left idle for an extended period, resulting in potential hazards. This type of affidavit is used when an abandoned well needs to be officially plugged and its production ceased following the appropriate abandonment procedures. It is essential to consult with legal experts or regulatory bodies in Fulton, Georgia to ensure that the correct type of affidavit is prepared and submitted accurately, including the required information such as the date of the last royalty payment. The affidavit serves as a formal declaration, affirming that the well's production has ceased, and it has been appropriately plugged, fulfilling all financial and environmental obligations associated with the well's closure.

A Fulton, Georgia Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that is required when an oil or gas well in Fulton, Georgia ceases production and needs to be plugged. This affidavit is essential for demonstrating that the well has been properly closed, ensuring compliance with regulatory requirements and protecting the environment. The affidavit must contain specific details, including the date of the last royalty payment received for the well. This information is crucial for determining the financial obligations associated with the well's closure and ensuring that the appropriate parties are notified about the cessation of production. Keywords related to this topic include Fulton, Georgia, affidavit, cessation of production, plugging of well, royalty payment, and legal document. There may be different types of Fulton, Georgia Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, depending on the circumstances and specific requirements. Some possible variations may include: 1. Voluntary Affidavit of Cessation of Production and Plugging of Well: This type of affidavit is filed when the well's operator voluntarily decides to cease production and initiate well plugging due to various reasons, such as depletion of resources, economic factors, or environmental considerations. 2. Compulsory Affidavit of Cessation of Production and Plugging of Well: This affidavit is mandated by regulatory authorities or governing bodies when a well has reached the end of its productive life or poses potential risks to human health, safety, or the environment. It ensures that the operator complies with the necessary regulations and safely plugs the well within a specified timeframe. 3. Affidavit of Cessation of Production and Plugging of Abandoned Well: In some cases, wells in Fulton, Georgia may have been abandoned or left idle for an extended period, resulting in potential hazards. This type of affidavit is used when an abandoned well needs to be officially plugged and its production ceased following the appropriate abandonment procedures. It is essential to consult with legal experts or regulatory bodies in Fulton, Georgia to ensure that the correct type of affidavit is prepared and submitted accurately, including the required information such as the date of the last royalty payment. The affidavit serves as a formal declaration, affirming that the well's production has ceased, and it has been appropriately plugged, fulfilling all financial and environmental obligations associated with the well's closure.