Oakland Michigan Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment

State:
Multi-State
County:
Oakland
Control #:
US-OG-008
Format:
Word; 
Rich Text
Instant download

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 Oakland Michigan Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that serves as proof of the cessation of oil or gas production from a well in Oakland County, Michigan. This affidavit is required by the Michigan Department of Environment, Great Lakes, and Energy (EAGLE) to ensure the proper plugging and abandonment of wells, as well as to determine the date of the last royalty payment. Key terms and relevant keywords: 1. Oakland County, Michigan: Oakland County is a county located in the state of Michigan, known for its vibrant communities, diverse population, and strong economy. 2. Affidavit: An affidavit is a written sworn statement that confirms the authenticity of certain facts, which is submitted under oath. 3. Cessation of Production: Cessation of production refers to the permanent halt of oil or gas production from a well. 4. Plugging of Well: Plugging a well involves sealing off the well bore to prevent the migration of fluids between different rock formations, maintaining environmental safety. 5. Royalty Payment: A royalty payment refers to the compensation or revenue received by the owner or lessor of mineral rights for the extraction or production of oil or gas from their property. 6. Michigan Department of Environment, Great Lakes, and Energy (EAGLE): EAGLE is the regulatory authority in Michigan responsible for protecting and conserving the state's natural resources and environment. Different types of Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment may include variations based on specific well identification, operator information, and royalty payment details. These variations could be categorized by well location, ownership, or specific regulatory requirements outlined by EAGLE. It is essential to consult with a professional and legal advisor to ensure accurate and complete compliance with the specific requirements for filing the Oakland Michigan Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment.

The Oakland Michigan Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that serves as proof of the cessation of oil or gas production from a well in Oakland County, Michigan. This affidavit is required by the Michigan Department of Environment, Great Lakes, and Energy (EAGLE) to ensure the proper plugging and abandonment of wells, as well as to determine the date of the last royalty payment. Key terms and relevant keywords: 1. Oakland County, Michigan: Oakland County is a county located in the state of Michigan, known for its vibrant communities, diverse population, and strong economy. 2. Affidavit: An affidavit is a written sworn statement that confirms the authenticity of certain facts, which is submitted under oath. 3. Cessation of Production: Cessation of production refers to the permanent halt of oil or gas production from a well. 4. Plugging of Well: Plugging a well involves sealing off the well bore to prevent the migration of fluids between different rock formations, maintaining environmental safety. 5. Royalty Payment: A royalty payment refers to the compensation or revenue received by the owner or lessor of mineral rights for the extraction or production of oil or gas from their property. 6. Michigan Department of Environment, Great Lakes, and Energy (EAGLE): EAGLE is the regulatory authority in Michigan responsible for protecting and conserving the state's natural resources and environment. Different types of Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment may include variations based on specific well identification, operator information, and royalty payment details. These variations could be categorized by well location, ownership, or specific regulatory requirements outlined by EAGLE. It is essential to consult with a professional and legal advisor to ensure accurate and complete compliance with the specific requirements for filing the Oakland Michigan Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment.

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Oakland Michigan Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment