Hillsborough Florida 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: Hillsborough
• 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. Hillsborough Florida Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that pertains to the oil and gas industry. It is used when an oil or gas well has reached the end of its productive life and needs to be properly plugged and abandoned. The affidavit serves as a declaration to the state regulatory agency, confirming that the well's production has ceased and that the necessary actions have been taken to safely plug the well. Additionally, it specifies the exact date of the last royalty payment made to the well's owner. There are different types of Hillsborough Florida Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, including: 1. Oil Well Affidavit of Cessation: This type of affidavit specifically deals with oil wells that are no longer producing. It outlines the steps taken to cease production and ensure the proper plugging of the oil well according to industry regulations. 2. Gas Well Affidavit of Cessation: This variation of the affidavit applies to gas wells that have stopped producing. It details the measures taken to halt production and safely plug the gas well, ensuring compliance with regulatory requirements. 3. Combined Oil and Gas Well Affidavit of Cessation: In some cases, a well may have both oil and gas production. This type of affidavit addresses wells that have ceased production for both oil and gas. It covers the cessation process for both resources and specifies the last date of royalty payment. The Hillsborough Florida Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is an essential document in the oil and gas industry, ensuring that old wells are properly plugged to prevent any environmental or safety hazards. It also serves as evidence of the termination of production, allowing the well owner to conclude their royalty payments accurately.

Hillsborough Florida Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that pertains to the oil and gas industry. It is used when an oil or gas well has reached the end of its productive life and needs to be properly plugged and abandoned. The affidavit serves as a declaration to the state regulatory agency, confirming that the well's production has ceased and that the necessary actions have been taken to safely plug the well. Additionally, it specifies the exact date of the last royalty payment made to the well's owner. There are different types of Hillsborough Florida Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, including: 1. Oil Well Affidavit of Cessation: This type of affidavit specifically deals with oil wells that are no longer producing. It outlines the steps taken to cease production and ensure the proper plugging of the oil well according to industry regulations. 2. Gas Well Affidavit of Cessation: This variation of the affidavit applies to gas wells that have stopped producing. It details the measures taken to halt production and safely plug the gas well, ensuring compliance with regulatory requirements. 3. Combined Oil and Gas Well Affidavit of Cessation: In some cases, a well may have both oil and gas production. This type of affidavit addresses wells that have ceased production for both oil and gas. It covers the cessation process for both resources and specifies the last date of royalty payment. The Hillsborough Florida Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is an essential document in the oil and gas industry, ensuring that old wells are properly plugged to prevent any environmental or safety hazards. It also serves as evidence of the termination of production, allowing the well owner to conclude their royalty payments accurately.