San Antonio Texas Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• City: San Antonio
• Control #: US-OG-187
• 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 is made for the purpose of giving notice that the Lease has been extended beyond its stated primary term in accordance with the terms of the Lease. San Antonio, Texas, Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term serves as a legally binding document that enables the extension of an existing oil and gas lease agreement beyond its primary term. This affidavit attests to the production activity on the leased property and provides crucial information for both the lessee and lessor to determine whether the lease should be extended. The San Antonio Texas Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is applicable to various lease types, including: 1. Standard Lease Extension Affidavit: This type of affidavit is used when the lessee requests an extension of the lease beyond the primary term based on proven oil and gas production. It details the well's production data, including the amount of oil and gas extracted and the methods used. 2. Dry Hole Extension Affidavit: When the lessee encounters a dry hole, that is, a well that did not produce any oil or gas during the primary term, they can file a Dry Hole Extension Affidavit. This affidavit presents information on attempts made to locate and extract oil and gas from the premises and justifies the need for an extension. 3. Shut-in Well Extension Affidavit: In situations where a well is temporarily closed due to market conditions or other factors preventing the sale of oil and gas, the lessee may file a Shut-in Well Extension Affidavit. The affidavit provides documentation on the shutdown, including the reasons for closure, the expected duration, and the attempt to resume production. 4. Force Mature Extension Affidavit: This type of affidavit is utilized when lease extension is sought due to unforeseeable circumstances beyond the lessee's control, such as natural disasters or acts of God. The affidavit outlines the event, its impact on production activities, and the need for an extension. 5. Continuous Operations Extension Affidavit: When the lessee has been actively engaged in exploration, drilling, or development operations on the leased premises during the primary term, they can file a Continuous Operations Extension Affidavit. This affidavit demonstrates the ongoing efforts made towards oil and gas extraction and justifies the extension request. It's crucial to note that the specific format and requirements for each type of affidavit may vary, and consulting with legal experts or relevant authorities is recommended to ensure compliance with local regulations.

San Antonio, Texas, Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term serves as a legally binding document that enables the extension of an existing oil and gas lease agreement beyond its primary term. This affidavit attests to the production activity on the leased property and provides crucial information for both the lessee and lessor to determine whether the lease should be extended. The San Antonio Texas Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is applicable to various lease types, including: 1. Standard Lease Extension Affidavit: This type of affidavit is used when the lessee requests an extension of the lease beyond the primary term based on proven oil and gas production. It details the well's production data, including the amount of oil and gas extracted and the methods used. 2. Dry Hole Extension Affidavit: When the lessee encounters a dry hole, that is, a well that did not produce any oil or gas during the primary term, they can file a Dry Hole Extension Affidavit. This affidavit presents information on attempts made to locate and extract oil and gas from the premises and justifies the need for an extension. 3. Shut-in Well Extension Affidavit: In situations where a well is temporarily closed due to market conditions or other factors preventing the sale of oil and gas, the lessee may file a Shut-in Well Extension Affidavit. The affidavit provides documentation on the shutdown, including the reasons for closure, the expected duration, and the attempt to resume production. 4. Force Mature Extension Affidavit: This type of affidavit is utilized when lease extension is sought due to unforeseeable circumstances beyond the lessee's control, such as natural disasters or acts of God. The affidavit outlines the event, its impact on production activities, and the need for an extension. 5. Continuous Operations Extension Affidavit: When the lessee has been actively engaged in exploration, drilling, or development operations on the leased premises during the primary term, they can file a Continuous Operations Extension Affidavit. This affidavit demonstrates the ongoing efforts made towards oil and gas extraction and justifies the extension request. It's crucial to note that the specific format and requirements for each type of affidavit may vary, and consulting with legal experts or relevant authorities is recommended to ensure compliance with local regulations.