This form is used when the parties own undivided leasehold interests in the Lease as to depths from the surface of the ground to a Specific Depth. The parties acknowledge that the production from a well on the leasehold interest will be obtained from depths in which the ownership is not common. Thus, the parties find it necessary to enter into this Agreement to enable the parties to each be paid a proportionate part of the commingled production from the separate depths in which they own interests.
Santa Clara County, California is located in the heart of Silicon Valley and is known for its diverse industries, technological advancements, and thriving economy. The region is home to numerous oil and gas reserves, leading to the need for various agreements among working owners regarding production from different formations out of the same well bore, where leasehold ownership varies as to depth. These agreements are commonly referred to as "Commingling Agreements" and are crucial for efficient resource extraction and fair distribution of revenues. 1. Santa Clara California Commingling Agreement Among Working Owners As to Production from Different Formations Out of the Same Well Bore, Where Leasehold Ownership Varies As to Depth This type of agreement addresses the situation where multiple working owners hold varying leasehold ownership rights based on depth specifications. It allows for the coordination and cooperation necessary to extract oil and gas resources from different formations within the same well bore. 2. Santa Clara California Commingling Agreement Among Working Owners As to Production from Multiple Wells, Where Leasehold Ownership Varies As to Depth This agreement focuses on situations where leasehold interests are divided among various depths across multiple wells. It enables the working owners to coordinate and combine production from different wells to maximize efficiency and optimize resource extraction. 3. Santa Clara California Commingling Agreement Among Working Owners As to Production from Different Formations Out of the Same Well Bore, Where Leasehold Ownership Varies As to Reservoir This type of agreement is specific to scenarios where ownership rights differ based on the oil or gas reservoir being exploited. It facilitates the collaboration among working owners to efficiently produce resources from various reservoirs within the same well bore. 4. Santa Clara California Commingling Agreement Among Working Owners As to Production from Different Formations Out of the Same Well Bore, Where Leasehold Ownership Varies As to Area When leasehold ownership rights vary based on specific geographic areas within the well bore, a commingling agreement is required to ensure fair distribution of production among working owners. This agreement allows for the pooling of resources to optimize extraction from different areas within the same well bore. These various types of Santa Clara California Commingling Agreements Among Working Owners As to Production from Different Formations Out of the Same Well Bore, Where Leasehold Ownership Varies As to Depth play a crucial role in the efficient management of oil and gas resources in Santa Clara County. By promoting collaboration, coordination, and fairness, these agreements allow for the optimal utilization of natural resources while ensuring equitable distribution of revenues among working owners.Santa Clara County, California is located in the heart of Silicon Valley and is known for its diverse industries, technological advancements, and thriving economy. The region is home to numerous oil and gas reserves, leading to the need for various agreements among working owners regarding production from different formations out of the same well bore, where leasehold ownership varies as to depth. These agreements are commonly referred to as "Commingling Agreements" and are crucial for efficient resource extraction and fair distribution of revenues. 1. Santa Clara California Commingling Agreement Among Working Owners As to Production from Different Formations Out of the Same Well Bore, Where Leasehold Ownership Varies As to Depth This type of agreement addresses the situation where multiple working owners hold varying leasehold ownership rights based on depth specifications. It allows for the coordination and cooperation necessary to extract oil and gas resources from different formations within the same well bore. 2. Santa Clara California Commingling Agreement Among Working Owners As to Production from Multiple Wells, Where Leasehold Ownership Varies As to Depth This agreement focuses on situations where leasehold interests are divided among various depths across multiple wells. It enables the working owners to coordinate and combine production from different wells to maximize efficiency and optimize resource extraction. 3. Santa Clara California Commingling Agreement Among Working Owners As to Production from Different Formations Out of the Same Well Bore, Where Leasehold Ownership Varies As to Reservoir This type of agreement is specific to scenarios where ownership rights differ based on the oil or gas reservoir being exploited. It facilitates the collaboration among working owners to efficiently produce resources from various reservoirs within the same well bore. 4. Santa Clara California Commingling Agreement Among Working Owners As to Production from Different Formations Out of the Same Well Bore, Where Leasehold Ownership Varies As to Area When leasehold ownership rights vary based on specific geographic areas within the well bore, a commingling agreement is required to ensure fair distribution of production among working owners. This agreement allows for the pooling of resources to optimize extraction from different areas within the same well bore. These various types of Santa Clara California Commingling Agreements Among Working Owners As to Production from Different Formations Out of the Same Well Bore, Where Leasehold Ownership Varies As to Depth play a crucial role in the efficient management of oil and gas resources in Santa Clara County. By promoting collaboration, coordination, and fairness, these agreements allow for the optimal utilization of natural resources while ensuring equitable distribution of revenues among working owners.
