King Washington Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• County: King
• 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. King Washington Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document used in the oil and gas industry. This affidavit serves as a declaration by the lessee, confirming the allocation of acreage for spacing and proration units surrounding producing wells. The purpose of this affidavit is to establish the boundaries and acreage assigned to each spacing and proration unit, ensuring proper management and distribution of resources around producing wells. By filing this document, the lessee declares their compliance with regulatory guidelines and provides transparency in the allocation of acreage. There are several types of King Washington Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee: 1. Original Affidavit: This refers to the initial filing made by the lessee, where they declare the allocation of acreage assigned to the spacing and proration units around producing wells. It sets the foundation for subsequent filings. 2. Amended Affidavit: This type of affidavit is filed when there is a need to modify or update the allocation of acreage. It could be due to changes in the producing well's performance, regulatory requirements, or changes in the lessee's ownership. 3. Extension Affidavit: When the lessee wishes to extend the boundaries or acreage assigned to spacing and proration units around producing wells, they file an extension affidavit. This could be a result of discovering additional oil and gas reserves or expanding drilling operations. 4. Consolidated Affidavit: In cases where multiple producing wells are located in proximity, the lessee files a consolidated affidavit to streamline the acreage allocation process. It consolidates the acreage assigned to multiple spacing and proration units into a single affidavit. 5. Redetermination Affidavit: If the lessee needs to revise the initial declaration of acreage, they file a redetermination affidavit. This could be due to errors in the original affidavit, changes in well productivity, or updates to regulatory requirements. The King Washington Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee plays a crucial role in ensuring the efficient and organized development of oil and gas resources. It provides clarity on the allocation of acreage, promotes regulatory compliance, and helps prevent conflicts or disputes among stakeholders.

King Washington Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document used in the oil and gas industry. This affidavit serves as a declaration by the lessee, confirming the allocation of acreage for spacing and proration units surrounding producing wells. The purpose of this affidavit is to establish the boundaries and acreage assigned to each spacing and proration unit, ensuring proper management and distribution of resources around producing wells. By filing this document, the lessee declares their compliance with regulatory guidelines and provides transparency in the allocation of acreage. There are several types of King Washington Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee: 1. Original Affidavit: This refers to the initial filing made by the lessee, where they declare the allocation of acreage assigned to the spacing and proration units around producing wells. It sets the foundation for subsequent filings. 2. Amended Affidavit: This type of affidavit is filed when there is a need to modify or update the allocation of acreage. It could be due to changes in the producing well's performance, regulatory requirements, or changes in the lessee's ownership. 3. Extension Affidavit: When the lessee wishes to extend the boundaries or acreage assigned to spacing and proration units around producing wells, they file an extension affidavit. This could be a result of discovering additional oil and gas reserves or expanding drilling operations. 4. Consolidated Affidavit: In cases where multiple producing wells are located in proximity, the lessee files a consolidated affidavit to streamline the acreage allocation process. It consolidates the acreage assigned to multiple spacing and proration units into a single affidavit. 5. Redetermination Affidavit: If the lessee needs to revise the initial declaration of acreage, they file a redetermination affidavit. This could be due to errors in the original affidavit, changes in well productivity, or updates to regulatory requirements. The King Washington Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee plays a crucial role in ensuring the efficient and organized development of oil and gas resources. It provides clarity on the allocation of acreage, promotes regulatory compliance, and helps prevent conflicts or disputes among stakeholders.