This form of declaration provides notice that the unit owner pools, unitizes, and combines the Unit Leases, including all renewals, extensions, ratifications, and amendments of the Unit Leases and the lands covered by those Leases and the mineral and/or royalty estates in the lands subject to the Leases into a unit for the exploration, development, and production of oil, gas, and associated hydrocarbons (the Unit ).
The Harris Texas Declaration of Pooled Unit — Long Form is a legal document that establishes the terms and conditions for the formation of a pooled unit in Harris County, Texas. This declaration outlines the specifics of combining multiple oil or gas leasehold interests into a single unit for more efficient and economical extraction of resources. Key features of the Harris Texas Declaration of Pooled Unit — Long Form include the identification of participating landowners or leaseholders, the designated unit boundaries, and the allocation of production and royalties among the members. The document typically includes detailed descriptions of each leasehold interest within the unit, as well as provisions for the distribution of costs and expenses related to operations, maintenance, and development. Different types or variations of the Harris Texas Declaration of Pooled Unit — Long Form may include specific clauses or provisions tailored to different types of resources or extraction methods. For example, there may be separate forms for oil or gas extraction, or for different types of formations (such as shale or conventional reservoirs). Additionally, variations may exist based on the specific requirements or preferences of the participating landowners or leaseholders. In the Harris Texas Declaration of Pooled Unit — Long Form, important keywords to consider include: Harris County, Texas, pooled unit, landowners, leaseholders, oil, gas, extraction, production, royalties, boundaries, leasehold interests, costs, expenses, operations, maintenance, development, resources, formations, shale, conventional reservoirs.The Harris Texas Declaration of Pooled Unit — Long Form is a legal document that establishes the terms and conditions for the formation of a pooled unit in Harris County, Texas. This declaration outlines the specifics of combining multiple oil or gas leasehold interests into a single unit for more efficient and economical extraction of resources. Key features of the Harris Texas Declaration of Pooled Unit — Long Form include the identification of participating landowners or leaseholders, the designated unit boundaries, and the allocation of production and royalties among the members. The document typically includes detailed descriptions of each leasehold interest within the unit, as well as provisions for the distribution of costs and expenses related to operations, maintenance, and development. Different types or variations of the Harris Texas Declaration of Pooled Unit — Long Form may include specific clauses or provisions tailored to different types of resources or extraction methods. For example, there may be separate forms for oil or gas extraction, or for different types of formations (such as shale or conventional reservoirs). Additionally, variations may exist based on the specific requirements or preferences of the participating landowners or leaseholders. In the Harris Texas Declaration of Pooled Unit — Long Form, important keywords to consider include: Harris County, Texas, pooled unit, landowners, leaseholders, oil, gas, extraction, production, royalties, boundaries, leasehold interests, costs, expenses, operations, maintenance, development, resources, formations, shale, conventional reservoirs.
