Get Blm Designation Of Successor Operator Form
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How to fill out the Blm Designation Of Successor Operator Form online
This guide provides step-by-step instructions to assist users in successfully filling out the Blm Designation Of Successor Operator Form online. Whether you are familiar with digital documents or are new to the process, this comprehensive guide will support you in completing the form accurately and efficiently.
Follow the steps to complete the form online
- Press the ‘Get Form’ button to access the form and open it for editing.
- Identify and fill in the Communitization Agreement Number at the top of the form. This number is essential for referencing the specific agreement being modified.
- Next, specify the formations, section, township, and range as required, ensuring accuracy for proper documentation.
- In the designated area, provide the date of the agreement, ensuring the format aligns with any specified requirements.
- Identify the First Party (new operator) and fill in their relevant details, making sure all information is accurate to avoid processing delays.
- Complete the section for the Second Parties (owners of communitized working interest), ensuring that all necessary parties are listed.
- Include the date when the BLM approved the previous Communitization Agreement, as this will outline the context for the new designation.
- Confirm that the First Party will assume all rights and obligations under the existing Communitization Agreement and include a statement to affirm this agreement.
- Sign the form with appropriate witnessing as required, including fields for signatures of the First Party and witnesses.
- Finally, review all sections for completeness and accuracy. Save your changes, and download, print, or share the completed form as needed.
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§ 3217.11 What are communitization agreements? Under communitization agreements (also called drilling agreements), operators who cannot independently develop separate tracts due to well-spacing or well development programs may cooperatively develop such tracts. 43 CFR 3217.11 -- What are communitization agreements? - eCFR ecfr.gov https://.ecfr.gov › subpart-3217 › section-3217 ecfr.gov https://.ecfr.gov › subpart-3217 › section-3217
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