Wake North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term

State:
Multi-State
County:
Wake
Control #:
US-OG-187
Format:
Word; 
Rich Text
Instant download

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. Wake North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in Wake County, North Carolina to extend the lease term for oil and gas exploration and production activities beyond the initial or primary term stated in the original lease agreement. This affidavit is typically filed by the lessee (the party holding the lease) to provide evidence of production and ensure the continuation of the lease. This affidavit serves to demonstrate the lessee's commitment to the continuous development of the oil and gas wells and the overall economic benefits they bring to the area. It also helps protect the lessee's rights and interests in the lease, preventing potential challenges or disputes by showing that the lease is still active and productive. Keywords: Wake North Carolina, Affidavit of Production, Extend Oil and Gas Lease, Primary Term, Lease Agreement, Exploration, Production Activities, Lessee, Continuous Development, Economic Benefits, Rights, Interests, Productive Lease. Different types of Wake North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term may include: 1. Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term for Onshore Wells: This type of affidavit specifically pertains to oil and gas wells located onshore in Wake County, North Carolina. 2. Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term for Offshore Wells: This type of affidavit is relevant for oil and gas wells located offshore in Wake County, North Carolina. 3. Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term for Existing Wells: This type of affidavit is filed when there are already existing oil and gas wells on the leased property and the lessee seeks to extend the lease term beyond the initial or primary term. 4. Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term for New Wells: This type of affidavit is applicable when the lessee plans to drill and develop new oil and gas wells during the extended lease term. Note: It is essential to consult with legal professionals or an attorney familiar with Wake County, North Carolina laws and regulations for accurate and up-to-date information regarding the specific requirements and procedures to file a Wake North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term.

Wake North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term is a legal document used in Wake County, North Carolina to extend the lease term for oil and gas exploration and production activities beyond the initial or primary term stated in the original lease agreement. This affidavit is typically filed by the lessee (the party holding the lease) to provide evidence of production and ensure the continuation of the lease. This affidavit serves to demonstrate the lessee's commitment to the continuous development of the oil and gas wells and the overall economic benefits they bring to the area. It also helps protect the lessee's rights and interests in the lease, preventing potential challenges or disputes by showing that the lease is still active and productive. Keywords: Wake North Carolina, Affidavit of Production, Extend Oil and Gas Lease, Primary Term, Lease Agreement, Exploration, Production Activities, Lessee, Continuous Development, Economic Benefits, Rights, Interests, Productive Lease. Different types of Wake North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term may include: 1. Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term for Onshore Wells: This type of affidavit specifically pertains to oil and gas wells located onshore in Wake County, North Carolina. 2. Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term for Offshore Wells: This type of affidavit is relevant for oil and gas wells located offshore in Wake County, North Carolina. 3. Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term for Existing Wells: This type of affidavit is filed when there are already existing oil and gas wells on the leased property and the lessee seeks to extend the lease term beyond the initial or primary term. 4. Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term for New Wells: This type of affidavit is applicable when the lessee plans to drill and develop new oil and gas wells during the extended lease term. Note: It is essential to consult with legal professionals or an attorney familiar with Wake County, North Carolina laws and regulations for accurate and up-to-date information regarding the specific requirements and procedures to file a Wake North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term.

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Wake North Carolina Affidavit of Production to Extend Oil and Gas Lease Beyond Primary Term