The Orange California Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that serves to inform the relevant authorities and parties involved about the cessation of oil or gas production from a particular well in Orange County, California. It also specifies the exact date on which the last royalty payment was made. In the oil and gas industry, it is common for wells to reach a point where production is no longer economically viable or environmentally responsible. When this occurs, operators need to comply with regulatory requirements by filing an Affidavit of Cessation of Production and Plugging of Well. By doing so, they formally declare that production has been permanently ceased and the well will be plugged to mitigate any potential environmental hazards. This affidavit is crucial as it provides important information to regulatory bodies, including the California Division of Oil, Gas, and Geothermal Resources (Dog), and ensures proper documentation of the well's status. It helps maintain transparency and accountability by clearly stating the last date on which royalty payments were made. Different types of Orange California Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment may include variations that cater to specific circumstances. For instance, one type could be used for vertical wells, while another might be for horizontal wells. Additionally, there might be different versions based on the specific regulations of various counties within Orange County, California. Overall, the Orange California Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is an essential legal document that ensures compliance with regulatory requirements and transparently communicates the cessation of oil or gas production from a well in Orange County, California.
Orange California Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment
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How to fill out Orange California Affidavit Of Cessation Of Production And Plugging Of Well Specifying Date Of Last Royalty Payment?
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