The Delaware Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that is used to officially declare the cessation of oil or gas production from a well in the state of Delaware. This affidavit serves to notify the appropriate governing bodies, such as the Delaware Department of Natural Resources and Environmental Control (DN REC), that the well is no longer in operation and that any future royalty payments related to the well should cease. This affidavit is crucial for maintaining accurate records and ensuring compliance with applicable laws and regulations pertaining to well plugging and production cessation in Delaware. The affidavit typically includes specific details about the well, such as the well identification number, location, and operator information. It also requires the specification of the date of the last royalty payment received. Different types or variations of the Delaware Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment may include: 1. Individual Well Affidavit: This type of affidavit is specific to a single well. It is usually filed when a particular well has stopped producing oil or gas and the operator wants to officially declare its cessation. 2. Multiple Well Affidavit: In cases where multiple wells operated by the same entity have ceased production, a multiple well affidavit can be filed to streamline the process and provide a comprehensive overview of the wells involved. 3. Operator Change Affidavit: When there is a change in the operator of a well, an operator change affidavit may be required to inform the DN REC of the new responsible party and update necessary royalty payment information. It is crucial to accurately complete and submit the Delaware Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment to ensure compliance with the Delaware Oil and Gas Act and related regulations. Failing to file this affidavit or providing incorrect information may result in penalties or legal consequences. It is recommended to consult legal professionals or industry experts familiar with Delaware's oil and gas laws for assistance in preparing and filing these affidavits.
Delaware Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment
Description
How to fill out Delaware Affidavit Of Cessation Of Production And Plugging Of Well Specifying Date Of Last Royalty Payment?
Choosing the right authorized papers web template might be a struggle. Of course, there are a variety of templates available on the Internet, but how would you get the authorized form you need? Make use of the US Legal Forms website. The support gives a large number of templates, like the Delaware Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, that can be used for business and private requirements. Every one of the forms are examined by specialists and meet up with state and federal needs.
In case you are currently listed, log in for your account and click the Obtain key to find the Delaware Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment. Use your account to look from the authorized forms you may have bought previously. Go to the My Forms tab of your respective account and acquire one more backup from the papers you need.
In case you are a new user of US Legal Forms, listed below are straightforward directions so that you can comply with:
- Very first, ensure you have chosen the correct form for the metropolis/county. You can examine the form utilizing the Preview key and read the form description to make certain this is basically the right one for you.
- In case the form fails to meet up with your preferences, utilize the Seach field to get the correct form.
- Once you are sure that the form is proper, click on the Buy now key to find the form.
- Choose the pricing program you want and enter the required information. Make your account and buy your order making use of your PayPal account or credit card.
- Pick the file format and download the authorized papers web template for your device.
- Total, modify and printing and indicator the obtained Delaware Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment.
US Legal Forms may be the greatest catalogue of authorized forms in which you can discover different papers templates. Make use of the service to download expertly-created paperwork that comply with status needs.
