Wake, North Carolina Legal Description and Well or Unit Information In Wake, North Carolina, the legal description and well or unit information play crucial roles in various aspects, including real estate transactions, oil and gas exploration, and land development. These terms carry significant importance in defining boundaries, ownership rights, and resource extraction within Wake County. Legal Description in Wake, North Carolina refers to a detailed written representation of a property's boundaries, location, and ownership rights. It serves as an accurate record of a property's dimensions, shape, and its relationship to surrounding properties. The legal description is typically used in land surveys, property deeds, and public real estate records to precisely identify and establish ownership rights of a particular parcel of land. Different types of legal descriptions may exist in Wake, North Carolina, which include metes and bounds descriptions, lot and block descriptions, and subdivision plats. Metes and bounds descriptions involve utilizing boundary measurements (metes) and direction (bounds) to delineate the boundaries of the property. Lot and block descriptions are commonly used in platted subdivisions and define parcels based on lot numbers and block designations. Subdivision plats provide a visual representation of the lot of layouts within a subdivision, complete with dimensions and reference markers. Well or Unit Information in Wake, North Carolina usually revolves around oil and gas exploration and resource extraction. It pertains to the identification and characterization of wells, drilling units, and their associated records. This information is crucial for energy companies, landowners, and regulatory bodies monitoring and managing the extraction of natural resources, primarily oil and gas. Well or unit information includes details such as well names, location coordinates, drilling permits, operator information, well completion reports, production records, and legal restrictions or agreements governing the wells or drilling units. This information ensures compliance with environmental regulations, tracks production volumes and revenues, and assists in monitoring well performance. Furthermore, well or unit information can encompass additional parameters such as reservoir characteristics, well bore data, production rates, and work over or maintenance history. These details aid in optimizing production, evaluating reservoir potential, and managing long-term resource extraction plans. In summary, Wake, North Carolina Legal Description and Well or Unit Information are vital components that facilitate numerous activities within the region. The legal description defines property boundaries and ownership rights, while different types of legal descriptions exist, including metes and bounds, lot and block, and subdivision plats. Well or unit information, on the other hand, pertains to oil and gas exploration and resource extraction, encompassing details of wells, drilling units, and associated records.
Wake North Carolina Legal Description and Well or Unit Information
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