In the interest of the public welfare and to promote conversation and increase the ultimate recovery of oil, gas, and associated minerals from the Unit and to protect the rights of the owners of interest in the lands included in the Unit, it is deemed necessary and desirable to enter into this Agreement, in conformity with (Applicable Statutory reference), to unitize the Oil and Gas Rights in and to the Unitized Formation in order to conduct a secondary recovery, pressure maintenance, or other recovery program as provided for in this Agreement.
Alaska Unit Agreement
State:
Multi-State
Control #:
US-OG-775
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Unit Agreement?
If you wish to complete, obtain, or print out legal papers themes, use US Legal Forms, the most important variety of legal forms, that can be found on the web. Use the site`s easy and convenient search to discover the files you will need. A variety of themes for company and specific uses are categorized by classes and says, or keywords. Use US Legal Forms to discover the Alaska Unit Agreement with a handful of clicks.
Should you be previously a US Legal Forms customer, log in to your account and click the Down load button to find the Alaska Unit Agreement. You can even accessibility forms you formerly acquired from the My Forms tab of the account.
If you work with US Legal Forms the very first time, refer to the instructions listed below:
- Step 1. Be sure you have chosen the shape for your right city/land.
- Step 2. Take advantage of the Preview choice to look over the form`s content. Never forget about to read through the information.
- Step 3. Should you be not happy with all the develop, make use of the Lookup industry towards the top of the display to get other models of your legal develop template.
- Step 4. After you have found the shape you will need, click on the Acquire now button. Opt for the rates plan you favor and include your credentials to register for an account.
- Step 5. Procedure the financial transaction. You can utilize your credit card or PayPal account to accomplish the financial transaction.
- Step 6. Pick the file format of your legal develop and obtain it on your own device.
- Step 7. Total, edit and print out or indicator the Alaska Unit Agreement.
Every legal papers template you buy is the one you have eternally. You have acces to each and every develop you acquired inside your acccount. Go through the My Forms segment and decide on a develop to print out or obtain yet again.
Compete and obtain, and print out the Alaska Unit Agreement with US Legal Forms. There are thousands of professional and state-certain forms you may use to your company or specific requires.
Form popularity
FAQ
Unit Operating Agreement means any operating or unit agreement to which a Company is a party or by which it is legally or contractually bound governing oil and gas drilling, completion, and other operations and related activities in any Unit.
A unit agreement entails a BLM-approved agreement to cooperate in all facets of oil and gas production, without regard to lease boundaries and ownership. All unit agreements are subject to Onshore Oil and Gas Operations regulations (43 CFR Part 3160).
When an oil and gas field is unitized, the various owners of the tracts above the reservoir work together to extract the reservoir's oil and gas. The Unitization Agreement aims to protect the interests of all parties involved while also avoiding some legal pitfalls.