Mecklenburg North Carolina Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• County: Mecklenburg
• 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. Mecklenburg North Carolina Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document commonly used in the oil and gas industry to establish and allocate acreage for the purpose of drilling and producing oil and gas wells in Mecklenburg County, North Carolina. This affidavit is a vital part of the process in determining the boundaries and utilization of land for oil and gas operations. It ensures that proper spacing regulations are followed, and that each lessee is assigned the appropriate acreage within the spacing or proration units. The affidavit outlines the specific details related to the acreage assigned to each lessee. It includes information such as the name of the lessee, the lease agreement number, the legal description of the land, the total acreage assigned, and the specific location of the acreage within the spacing or proration unit. In Mecklenburg County, there may be different types of affidavits related to acreage assignment and spacing/proration units, such as: 1. Initial Affidavit: This affidavit is filed by the lessee when a new well is being drilled or a new spacing/proration unit is established. It establishes the initial acreage assignment and provides the necessary information for regulatory compliance. 2. Amended Affidavit: Should there be any changes or modifications to the acreage assignment, an amended affidavit is filed to reflect the updated information. This may occur due to changes in the underlying lease agreement or subsequent adjustments in the spacing/proration units. 3. Unit Expansion Affidavit: When an existing well or spacing/proration unit expands to include additional acreage, such as through pooling or unitization, a unit expansion affidavit is filed. This document reflects the enlarged acreage assignment and ensures proper accounting and distribution of production. 4. Revisions or Corrections: In rare cases, revisions or corrections may be required to rectify errors or inaccuracies in previously filed affidavits. These revisions ensure that the acreage assignment accurately reflects the intended allocations. The Mecklenburg North Carolina Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is an essential component of oil and gas operations in the county. It ensures compliance with regulatory requirements and provides clarity and transparency in the allocation of acreage for drilling and production purposes.

Mecklenburg North Carolina Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document commonly used in the oil and gas industry to establish and allocate acreage for the purpose of drilling and producing oil and gas wells in Mecklenburg County, North Carolina. This affidavit is a vital part of the process in determining the boundaries and utilization of land for oil and gas operations. It ensures that proper spacing regulations are followed, and that each lessee is assigned the appropriate acreage within the spacing or proration units. The affidavit outlines the specific details related to the acreage assigned to each lessee. It includes information such as the name of the lessee, the lease agreement number, the legal description of the land, the total acreage assigned, and the specific location of the acreage within the spacing or proration unit. In Mecklenburg County, there may be different types of affidavits related to acreage assignment and spacing/proration units, such as: 1. Initial Affidavit: This affidavit is filed by the lessee when a new well is being drilled or a new spacing/proration unit is established. It establishes the initial acreage assignment and provides the necessary information for regulatory compliance. 2. Amended Affidavit: Should there be any changes or modifications to the acreage assignment, an amended affidavit is filed to reflect the updated information. This may occur due to changes in the underlying lease agreement or subsequent adjustments in the spacing/proration units. 3. Unit Expansion Affidavit: When an existing well or spacing/proration unit expands to include additional acreage, such as through pooling or unitization, a unit expansion affidavit is filed. This document reflects the enlarged acreage assignment and ensures proper accounting and distribution of production. 4. Revisions or Corrections: In rare cases, revisions or corrections may be required to rectify errors or inaccuracies in previously filed affidavits. These revisions ensure that the acreage assignment accurately reflects the intended allocations. The Mecklenburg North Carolina Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is an essential component of oil and gas operations in the county. It ensures compliance with regulatory requirements and provides clarity and transparency in the allocation of acreage for drilling and production purposes.