What is the average depth of a natural gas well?

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.

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Affidavit As to Acreage Assigned to Spacing / Proration Units Around...

Nassau New York Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee

Name: Nassau New York Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee
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Rating: 4.58 (208 reviews)

Category:

Oil Gas and Minerals - Affidavits

State:

Multi-State

County:

Nassau

Control #:

US-OG-168

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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.

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How to fill out Nassau New York Affidavit As To Acreage Assigned To Spacing / Proration Units Around Producing Wells By Lessee?

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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.

Schlumberger's technical paper advised spacing new wells no closer than 900 ft from a well that had been producing 36 months or morecompared with a 750 ft minimum for one producing less than 12 months.

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.

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.

There are those in the oil and gas industry who believe to prorate a reservoir means to take or produce at equal rates from all wells in the reservoir regardless of the quality of the wells or the reserves underlying them.

But HUD goes further and states that "Operating and abandoned oil and gas wells pose potential hazards to housing, including potential fire, explosion, spray and other pollution.... No existing dwelling may be located closer than 300 feet from an active or planned drilling site.

NDIC has generally approved one well per 1,280-acre spacing unit (one square mile) for each formation or two adjacent 640-acre sections. But some companies have been allowed to drill one well per 640-acre section. Some have even downspaced to two wells per 640-acre section (320-acre spacing).

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.

Simply stated, a retained acreage clause is a clause in an oil and gas lease that sets out how much acreage a lessee may retain for each well it drills on the leased premises after the balance of the lease automatically terminates.

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Utility Allowance – The reasonable estimate cost of utilities in the area, given the type of building, and the size of the unit. Saltwater disposal wells as an estate or interest in land under. Tex.Fill out the form to access a sample of Practical Guidance.

The amount of insurance your company must carry for water theft, pollution, and liability (as a renter in a building with a building permit). Landlord/Tenant Agreement — This legal document is a written agreement among you and your tenant, and you must keep it current, otherwise it may be deemed void. For specific information visit the Texas Landlord and Tenant Association. This document outlines all of your rights and responsibilities. The tenant's responsibilities will vary depending on the number of units that the tenant rents, how much the landlord pays in rent, and other factors. Landlord's responsibilities will vary based on the tenant's residency status and number of units they rent, how much money is owed from all paychecks, and other factors. This document also outlines obligations for damages in the event of a dispute. Water Conservation Permits (WHIP) — The Landlord / tenant agreement must make it clear to the tenant the requirements of the permit.

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Nassau New York Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee

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How to fill out Nassau New York Affidavit As To Acreage Assigned To Spacing / Proration Units Around Producing Wells By Lessee?

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FAQ

What is the average depth of a natural gas well?

How close can oil wells be to each other?

How many acres do you need for a gas well?

What is a proration unit in oil and gas?

Can I drill a natural gas well?

What is oil and gas proration?

How close to a gas well can you build?

How many wells per acre?

How big is a gas well?

What is a retained acreage clause?

Interesting Questions

What is the Nassau Affidavit?

Who is lessee883657?

What is the purpose of the Nassau Affidavit?

How are acreage assignments determined in the Nassau Affidavit?

What are spacing units and proration units?

What happens if additional acreage is discovered around the producing well?

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