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 Salt Lake Utah Declaration of Pooled Unit — Long Form is a legal document that creates a pooled unit, allowing for the efficient development and management of oil and gas resources in the state of Utah, specifically in the Salt Lake area. This declaration outlines the guidelines and regulations for the operation and administration of the pooled unit, ensuring fair distribution of profits and liabilities among the participating parties. One type of Salt Lake Utah Declaration of Pooled Unit — Long Form is the "Salt Lake City Pooled Unit Declaration." This document specifically applies to the Salt Lake City area and addresses the unique geological and environmental considerations present in this location. It outlines the specific requirements and restrictions for drilling and extraction activities within the city and ensures that the exploration and development practices are conducted safely and responsibly. Another type of Salt Lake Utah Declaration of Pooled Unit — Long Form is the "Salt Lake County Pooled Unit Declaration." This document pertains to the Salt Lake County region, covering a wider area compared to the Salt Lake City declaration but still sharing some similar geographical characteristics. It establishes the guidelines for the pooling of oil and gas interests within the county, including the allocation of costs, the sharing of revenues, and the role of the operator in managing the operations. Furthermore, the "Utah Statewide Pooled Unit Declaration" encompasses the entire state of Utah and serves as a comprehensive set of guidelines for all pooled units established within its boundaries. This document addresses the broader legal framework and regulatory requirements applicable to all pooled unit declarations in Utah, including Salt Lake, and ensures the uniformity of operations and compliance across the state. Keywords: Salt Lake Utah, Declaration of Pooled Unit — Long Form, legal document, pooled unit, oil and gas resources, development, management, Salt Lake City Pooled Unit Declaration, Salt Lake County Pooled Unit Declaration, Utah Statewide Pooled Unit Declaration, guidelines, regulations, drilling, extraction, exploration, development practices, geological, environmental considerations, costs allocation, revenue sharing, operator, compliance, statewide.The Salt Lake Utah Declaration of Pooled Unit — Long Form is a legal document that creates a pooled unit, allowing for the efficient development and management of oil and gas resources in the state of Utah, specifically in the Salt Lake area. This declaration outlines the guidelines and regulations for the operation and administration of the pooled unit, ensuring fair distribution of profits and liabilities among the participating parties. One type of Salt Lake Utah Declaration of Pooled Unit — Long Form is the "Salt Lake City Pooled Unit Declaration." This document specifically applies to the Salt Lake City area and addresses the unique geological and environmental considerations present in this location. It outlines the specific requirements and restrictions for drilling and extraction activities within the city and ensures that the exploration and development practices are conducted safely and responsibly. Another type of Salt Lake Utah Declaration of Pooled Unit — Long Form is the "Salt Lake County Pooled Unit Declaration." This document pertains to the Salt Lake County region, covering a wider area compared to the Salt Lake City declaration but still sharing some similar geographical characteristics. It establishes the guidelines for the pooling of oil and gas interests within the county, including the allocation of costs, the sharing of revenues, and the role of the operator in managing the operations. Furthermore, the "Utah Statewide Pooled Unit Declaration" encompasses the entire state of Utah and serves as a comprehensive set of guidelines for all pooled units established within its boundaries. This document addresses the broader legal framework and regulatory requirements applicable to all pooled unit declarations in Utah, including Salt Lake, and ensures the uniformity of operations and compliance across the state. Keywords: Salt Lake Utah, Declaration of Pooled Unit — Long Form, legal document, pooled unit, oil and gas resources, development, management, Salt Lake City Pooled Unit Declaration, Salt Lake County Pooled Unit Declaration, Utah Statewide Pooled Unit Declaration, guidelines, regulations, drilling, extraction, exploration, development practices, geological, environmental considerations, costs allocation, revenue sharing, operator, compliance, statewide.
