Contra Costa California Amendment to Pooled Unit Designation

State:
Multi-State
County:
Contra Costa
Control #:
US-OG-365
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Operator desires to amend the Designation of Pooled Unit, as permitted by the terms of the Leases included in the Unit, to (increase/reduce) the size of the Unit so that, on the Effective Date of this Amendment, the Unit will consist of a specific number of acres of land, which lands are to be depicted on a plat attached to this Amendment.

The Contra Costa California Amendment to Pooled Unit Designation is a legal document that pertains to the designation and management of pooled units in Contra Costa County, California. This amendment is specific to the county and outlines the regulations and guidelines for creating and modifying pooled units in the region. Pooled units are commonly used in the oil and gas industry to effectively extract and manage underground resources. This amendment serves as a framework for determining the boundaries, composition, and operation of these units within Contra Costa County. There are several types of amendments that fall under the Contra Costa California Amendment to Pooled Unit Designation. These include: 1. Boundary Amendments: These amendments address changes to the boundaries of existing pooled units. Boundary amendments may be required to accommodate new drilling locations or adjust the unit's size based on geological assessments. 2. Composition Amendments: Composition amendments involve modifying the ownership structure and working interests within a pooled unit. This can occur due to the sale or transfer of ownership rights, consolidation of interests, or entry of new operators. 3. Operating Amendments: Operating amendments focus on the operational aspects of pooled units. They may include changes related to well spacing, drilling techniques, reservoir pressure management, and enhanced recovery methods. 4. Environmental Amendments: These amendments address environmental concerns and regulations related to pooled unit operations. They may include requirements for environmental impact assessments, mitigation measures, and adherence to air and water pollution control standards. By implementing the Contra Costa California Amendment to Pooled Unit Designation, the county seeks to ensure that the extraction of natural resources within pooled units is done in a responsible and sustainable manner. The amendment aims to balance the economic benefits of resource extraction with the protection of the environment and the interests of local communities. Key stakeholders involved in the amendment process include industry representatives, regulatory authorities, landowners, environmental organizations, and local community members. The amendment is subject to public hearings, consultations, and review to ensure transparency and inclusivity in decision-making. The Contra Costa California Amendment to Pooled Unit Designation reflects the county's commitment to efficient and environmentally conscious resource extraction. It allows for the thoughtful development and management of pooled units, ensuring the long-term sustainability of the oil and gas industry in the region while prioritizing environmental protection and community welfare.

The Contra Costa California Amendment to Pooled Unit Designation is a legal document that pertains to the designation and management of pooled units in Contra Costa County, California. This amendment is specific to the county and outlines the regulations and guidelines for creating and modifying pooled units in the region. Pooled units are commonly used in the oil and gas industry to effectively extract and manage underground resources. This amendment serves as a framework for determining the boundaries, composition, and operation of these units within Contra Costa County. There are several types of amendments that fall under the Contra Costa California Amendment to Pooled Unit Designation. These include: 1. Boundary Amendments: These amendments address changes to the boundaries of existing pooled units. Boundary amendments may be required to accommodate new drilling locations or adjust the unit's size based on geological assessments. 2. Composition Amendments: Composition amendments involve modifying the ownership structure and working interests within a pooled unit. This can occur due to the sale or transfer of ownership rights, consolidation of interests, or entry of new operators. 3. Operating Amendments: Operating amendments focus on the operational aspects of pooled units. They may include changes related to well spacing, drilling techniques, reservoir pressure management, and enhanced recovery methods. 4. Environmental Amendments: These amendments address environmental concerns and regulations related to pooled unit operations. They may include requirements for environmental impact assessments, mitigation measures, and adherence to air and water pollution control standards. By implementing the Contra Costa California Amendment to Pooled Unit Designation, the county seeks to ensure that the extraction of natural resources within pooled units is done in a responsible and sustainable manner. The amendment aims to balance the economic benefits of resource extraction with the protection of the environment and the interests of local communities. Key stakeholders involved in the amendment process include industry representatives, regulatory authorities, landowners, environmental organizations, and local community members. The amendment is subject to public hearings, consultations, and review to ensure transparency and inclusivity in decision-making. The Contra Costa California Amendment to Pooled Unit Designation reflects the county's commitment to efficient and environmentally conscious resource extraction. It allows for the thoughtful development and management of pooled units, ensuring the long-term sustainability of the oil and gas industry in the region while prioritizing environmental protection and community welfare.

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Contra Costa California Amendment to Pooled Unit Designation