What does a division order do?

A Division Order is an instrument which sets forth the proportional ownership in produced hydrocarbons, including crude oil, natural gas, and NGL's. Sometimes the Division Order is referred to as a division of interest. More often than not, a single well or lease will have multiple owners.

San Bernardino California Oil and Gas Division Order

Name: San Bernardino California Oil and Gas Division Order
Brand: US Legal Forms
Rating: 4.85 (219 reviews)

Category:

Oil Gas and Minerals - Division and Transfer Orders

State:

Multi-State

County:

San Bernardino

Control #:

US-OG-323

Format:

Instant download

Description

This form is used to determine revenue payments and is issued to interest owners for a signature. The form includes the name of the interest owner, the interest for each interest owner, a legal description of the property, and the operator's name.

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FAQ

A Division Order is an instrument which sets forth the proportional ownership in produced hydrocarbons, including crude oil, natural gas, and NGL's. Sometimes the Division Order is referred to as a division of interest. More often than not, a single well or lease will have multiple owners.

The Midway-Sunset Oil Field is a large oil field in Kern County, San Joaquin Valley, California in the United States. It is the largest known oilfield in California and the third largest in the United States.

The purpose of a division order is to protect the company paying the royalty (payor) from double liability. If you sign a division order and it turns out that you should have been paid a larger interest than shown on the division order, the company is protected as long as it paid according to the division order.

In Texas, courts have held that division orders are executed without consideration, but that they are an enforceable agreement until they are revoked. A division order can be revoked at any time by either party, after which it has no further effect.

A division order is a contract between you and the operator (an oil and gas company). Typically, receiving a division order means that the operator is about to drill, or that the operator has already drilled a well and your minerals are producing.

A division order is a record of your interest in a specific well. It contains your decimal interest, interest type, well number and well name. Division orders are issued to all that own an interest in a specific well after that well has achieved first sales of either oil or gas.

Content. A division order is a record of your interest in a specific well. It contains your decimal interest, interest type, well number and well name. Division orders are issued to all that own an interest in a specific well after that well has achieved first sales of either oil or gas.

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Gerald received a Division Order in the mail. It was sent from an oil and gas company that operates gas wells in East Texas.U.S. EPA, Methods for Estimating Greenhouse Gas Emissions for Livestock. Manure Management, Livestock Manure Management (March 2005) Draft. 2004As of the date of this report a response has not yet been received from the Division of Oil and Gas . Please note, your ability to complete this form in a neat, timely and accurate fashion is a very important part of the background investigation process. As the nation's largest natural gas distribution utility, we deliver clean, safe and reliable energy to 21. 8 million consumers in more than 500 communities.

San Bernardino California Oil and Gas Division Order

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