Maricopa, Arizona Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that serves to confirm and establish the allocation of acreage for spacing and proration units around producing wells in Maricopa, Arizona. This affidavit is crucial in the oil and gas industry as it ensures proper utilization of land resources and facilitates efficient production operations. The purpose of the Maricopa, Arizona Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is to determine the size and boundaries of the spacing and proration units around the wells, which are utilized for the extraction of oil and gas reserves. This affidavit helps to avoid any disputes regarding the allocation and utilization of land resources among multiple lessees. This legal document outlines the specific acreage that is assigned to each spacing and proration unit around producing wells. It includes detailed information such as the location of the wells, the boundaries of the units, and the acreage allocated to each unit. This affidavit is signed by the lessee(s) who are responsible for the operations and management of the producing wells. Different types of Maricopa, Arizona Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee may include: 1. Standard Affidavit: This is the most common type of affidavit used in Maricopa, Arizona, where lessees affirm the acreage assigned to spacing and proration units around producing wells according to established regulations and agreements. 2. Revised Affidavit: This type of affidavit is prepared when there are changes in the acreage allocation or adjustments made to the spacing and proration units around producing wells. It reflects any modifications made since the initial affidavit submission. 3. Enhanced Affidavit: In some cases, lessees may choose to provide additional information in the affidavit about the geological characteristics, well productivity, or any other relevant details that help in understanding the rationale behind the acreage allocation. Overall, the Maricopa, Arizona Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee plays a crucial role in maintaining transparency, avoiding conflicts, and promoting responsible management of land resources in the oil and gas industry. By accurately defining the boundaries and acreage of each unit, this document ensures fair distribution of resources and facilitates efficient extraction operations.
Maricopa Arizona Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee
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A) Shall be on a drilling unit consisting of (1) one hundred sixty (160) contiguous surface acres, or (2) a governmental quarter section containing not less than one hundred forty- four (144) acres or more than one hundred seventy-six (176) acres.
Field rules might establish density rules of 40 acres per well up to 640 acres per well. Density rules for gas reservoirs generally provide for larger proration units than oil wells because wells in conventional gas reservoirs are able to drain a larger area than wells in conventional oil reservoirs.
Every gas well drilled in such pool: a) Shall be on a drilling unit consisting of (1) one hundred sixty (160) contiguous surface acres, or (2) a governmental quarter section containing not less than one hundred forty- four (144) acres or more than one hundred seventy-six (176) acres.
Lower yield wells produce one to two million cubic feet per day. Many wells yield between three and five million cubic feet per day, but gigantic wells could produce as much as twenty million cubic feet per day.
Typically a new well drilled in the WNF will require, on average, a 0.69-acre well-pad area (150 by 200 ft.) to be cleared and leveled.
Oil and gas wells can range in depth from a few hundred feet to more than 20,000 feet. In some parts of the world, wells go as deep as 30,000 feet, Zdarko says. Ranging from 1,000 to 2,500 feet deep, Aera's San Joaquin Valley wells are considered shallow.
Loosely speaking, retained-acreage clauses provide that at the end of a period of time or upon the conclusion of certain activity, the lessee or assignee's oil-and-gas rights will terminate except as to those interests designated in the contract as being retainedor earnedby development.
Back when records began, oil wells were an average of 3,635 feet deep. But that was 65 years ago - and since 1949 we have used up these 'shallow' reserves. Oil is a finite resource, meaning we now have to dig deeper to find it - with the 2008 average depth coming in at an average of 5,964 feet.
1. n. Oil and Gas Business The amount of acreage, determined by governmental authority that can be efficiently and economically drained by a well at a particular depth or horizon.
However, a natural gas well doesn't work in the same way at all. A water well is created by drilling a hole in the ground and letting it fill with water. A natural gas well needs to drill further, into the underground rock itself. That means these wells are deeper and therefore more dangerous to create.