San Bernardino California Designation of Pooled Unit For Oil and Gas

Name: San Bernardino California Designation of Pooled Unit For Oil and Gas
Brand: US Legal Forms
Rating: 4.72 (270 reviews)

Category:

Oil Gas and Minerals - Pooling and Unitization

State:

Multi-State

County:

San Bernardino

Control #:

US-OG-378

Format:

Instant download

Description

This form is used by an Operator as a formal declaration that the Leases described are combined and pooled, as to the Lands described, to create a pooled unit.

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FAQ

It also records a "Declaration of Pooling" or similarly named document in the land records office at the local Courthouse. The declaration shows the boundaries of the pooling unit and identifies all the landowners and amount of property each landowner actually has in the unit.

A Pugh Clause is meant to prevent a lessee from declaring all lands under an oil and gas lease as being held by production, even if production only occurs on a fraction of the property.

To calculate your oil and gas royalties, you would first divide 50 by 1,000, and then multiply this number by . 20, then by $5,004,000 for a gross royalty of $50,040. Once you calculate your gross royalty amount, compare it to the number you see on your royalty check stubs.

A pooling clause expands the granting clause by giving a lessee the authority to determine whether to pool. This authority, however, is not unfettered. Many disputes have arisen through the years as to whether a lessee has properly exercised his discretion and authority under a pooling clause.

Generally, a pooling clause will allow the leased premises to be combined with other lands to form a drilling unit, wherein proceeds from production anywhere on the drilling unit are allocated according to the percentage of the acreage of each tract divided by the total acreage of the drilling unit.

Pooling is the combination of all or portions of multiple oil and gas leases to form a unit for the drilling of a single oil and/or gas well. The unit is generally one or a combination of government survey quarter-quarter sections.

Pooling refers to joining together enough acreage to allow issuance of a drilling permit for a single well. Unitization refers to joining together large areas such as an entire reservoir or field to optimize operations, introduce efficiencies, and reduce costs. Both pooling and unitization can be voluntary or forced.

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Designate a person responsible for the pool and bathers. •. Placentia General Plan provides the appropriate amount of land designated for residential uses.Would the project result in potentially significant environmental. Record 19 - 186860 — 4-2 Designations of Criteria Pollutants in the South Coast Air Basin . May through September 2011 at Site 60710005 in San Bernardino Co., California . 702: Network, Financial information.

BENCHMARK 1) Record of Decision: Record of Decision, BRC 1-2012-04. (PDF-8.2Mb) 2) Record of Decision: Record of Decision, BRC 1-2012-04. (MP3-10Mb) 3) Records Management Report (PDF) 4) Letter of Investigation (PDF) 5) Letter of Investigation (PDF) 6) Supplemental Material (PDF) 8) Report on the Evaluation (PDF) 9) Supplemental Analysis (PDF) 10) Supplemental Analysis (PDF) 11) Summary Report (PDF) 12) Supplemental Report (PDF) CERTIFICATION INFORMATION 1) BSCR-965: A) The certification shall be accompanied by copies of environmental impact studies, any relevant materials, information from the project planning application, as well the following additional required documents: a) The documents required by the project (see above, Record of Decision, BRC 1-2012-04 for full list); b) The materials requested by SHE and SHE staff; and c) The Environmental Impact Statement and the Environmental Assessment. b) Any documents provided by the City and County (see above).

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San Bernardino California Designation of Pooled Unit For Oil and Gas

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