San Jose California Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• City: San Jose
• 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. San Jose, California is a city located in the heart of Silicon Valley. With a population of over 1 million people, it is the third-largest city in California. Known for its vibrant tech industry, San Jose is home to many high-tech companies, including Adobe, Cisco Systems, and eBay. The San Jose California Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee is a legal document typically used in the oil and gas industry. It is filed by the lessee (the company or individual who holds the rights to explore and extract oil or gas) to establish the specific acreage assigned to spacing and proration units around producing wells. These affidavits are crucial for ensuring accurate calculation and distribution of resources in the oil and gas industry. They help regulate the spacing and proration units assigned to each producing well, ensuring fair distribution and optimal extraction efficiency. There are different types of San Jose California Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee, differentiated by their purpose or specifics: 1. Spacing Unit Affidavit: This type of affidavit identifies the specific acreage assigned to a spacing unit in San Jose, California. Spacing units refer to designated areas where oil or gas production can take place. 2. Proration Unit Affidavit: This affidavit focuses on the acreage assigned to proration units, which are used to determine the proportionate share of production allocated to each working interest owner in a pooled or unitized area. 3. Combined Spacing and Proration Unit Affidavit: This type of affidavit provides information on both spacing and proration unit assignments in San Jose, California. It consolidates the details of both types of units into a single document. These affidavits play a vital role in the proper management of oil and gas resources, ensuring compliance with regulations and equitable distribution of production. They serve as legally binding documents, protecting the interests of both the lessee and other parties involved in the oil and gas industry.

San Jose, California is a city located in the heart of Silicon Valley. With a population of over 1 million people, it is the third-largest city in California. Known for its vibrant tech industry, San Jose is home to many high-tech companies, including Adobe, Cisco Systems, and eBay. The San Jose California Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee is a legal document typically used in the oil and gas industry. It is filed by the lessee (the company or individual who holds the rights to explore and extract oil or gas) to establish the specific acreage assigned to spacing and proration units around producing wells. These affidavits are crucial for ensuring accurate calculation and distribution of resources in the oil and gas industry. They help regulate the spacing and proration units assigned to each producing well, ensuring fair distribution and optimal extraction efficiency. There are different types of San Jose California Affidavit as to Acreage Assigned to Spacing/Proration Units Around Producing Wells by Lessee, differentiated by their purpose or specifics: 1. Spacing Unit Affidavit: This type of affidavit identifies the specific acreage assigned to a spacing unit in San Jose, California. Spacing units refer to designated areas where oil or gas production can take place. 2. Proration Unit Affidavit: This affidavit focuses on the acreage assigned to proration units, which are used to determine the proportionate share of production allocated to each working interest owner in a pooled or unitized area. 3. Combined Spacing and Proration Unit Affidavit: This type of affidavit provides information on both spacing and proration unit assignments in San Jose, California. It consolidates the details of both types of units into a single document. These affidavits play a vital role in the proper management of oil and gas resources, ensuring compliance with regulations and equitable distribution of production. They serve as legally binding documents, protecting the interests of both the lessee and other parties involved in the oil and gas industry.