Franklin Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• County: Franklin
• Control #: US-OG-168
• Format: Word; Rich Text

Description

An affidavit is statement of facts which is sworn to (or affirmed) before an officer who has authority to administer an oath (e.g. a notary public). This affidavit form is for the purpose of describing the location of the well (or wells) drilled on the Lands, and describing the portion of the Lands surrounding each well which is included within the proration/spacing unit for each well. A Franklin Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that details the allocation of acreage within designated spacing or proration units around producing wells in Franklin, Ohio. This affidavit serves as evidence of the lessee's rights and interests in the designated area. It is crucial for all parties involved in the oil and gas industry to understand the various types of Franklin Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units around Producing Wells by Lessee, including the following: 1. Single Well Affidavit: This type of affidavit is used when there is only one producing well within the designated spacing or proration unit in Franklin, Ohio. It identifies the specific acreage assigned to that particular well and the lessee's overall interest. 2. Multiple Well Affidavit: In cases where there are multiple producing wells within the spacing or proration unit, a multiple well affidavit is used. This document identifies the individual acreage assigned to each well and the corresponding lessee's interests. 3. Updated Affidavit: An updated affidavit is created when there are changes in the acreage assignments or ownership within the spacing or proration units. It reflects any amendments, additions, or modifications made to the original affidavit. 4. Pooling Affidavit: A pooling affidavit is utilized when multiple landowners agree to consolidate their acreage within the spacing or proration unit. It specifies the acreage assigned to each participating landowner and their corresponding interests in the pooling arrangement. 5. Division Order Affidavit: This affidavit is specifically related to the distribution of proceeds from the sale of oil and gas production. It identifies the acreage assigned to each well or landowner involved in the production and details the revenue shares and payment terms. It is crucial to ensure accuracy and adherence to legal requirements when preparing a Franklin Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee. Hiring an experienced attorney or landsman familiar with Ohio's oil and gas regulations is advisable to navigate the complexities of these agreements and ensure compliance with local laws and industry practices.

A Franklin Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that details the allocation of acreage within designated spacing or proration units around producing wells in Franklin, Ohio. This affidavit serves as evidence of the lessee's rights and interests in the designated area. It is crucial for all parties involved in the oil and gas industry to understand the various types of Franklin Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units around Producing Wells by Lessee, including the following: 1. Single Well Affidavit: This type of affidavit is used when there is only one producing well within the designated spacing or proration unit in Franklin, Ohio. It identifies the specific acreage assigned to that particular well and the lessee's overall interest. 2. Multiple Well Affidavit: In cases where there are multiple producing wells within the spacing or proration unit, a multiple well affidavit is used. This document identifies the individual acreage assigned to each well and the corresponding lessee's interests. 3. Updated Affidavit: An updated affidavit is created when there are changes in the acreage assignments or ownership within the spacing or proration units. It reflects any amendments, additions, or modifications made to the original affidavit. 4. Pooling Affidavit: A pooling affidavit is utilized when multiple landowners agree to consolidate their acreage within the spacing or proration unit. It specifies the acreage assigned to each participating landowner and their corresponding interests in the pooling arrangement. 5. Division Order Affidavit: This affidavit is specifically related to the distribution of proceeds from the sale of oil and gas production. It identifies the acreage assigned to each well or landowner involved in the production and details the revenue shares and payment terms. It is crucial to ensure accuracy and adherence to legal requirements when preparing a Franklin Ohio Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee. Hiring an experienced attorney or landsman familiar with Ohio's oil and gas regulations is advisable to navigate the complexities of these agreements and ensure compliance with local laws and industry practices.