This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the standard lease form.
Illinois Conversion of An Oil Or Gas Well to An injection Or Water Well
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State:
Multi-State
Control #:
US-OG-786
Format:
Word;
Rich Text
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Description
How to fill out Conversion Of An Oil Or Gas Well To An Injection Or Water Well?
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FAQ
Illinois Oil and Gas Act (225 ILCS 725) provides for the conservation of oil and gas resources through the protection of correlative rights, proper well spacing, integration and unitization of mineral interests; and for the regulation of the drilling, construction, operation, and plugging of oil and gas production ...
Definition. The Gas Use Tax Act is imposed on persons who purchase natural gas from outside of Illinois for their own use (not for resale). Purchasers may pay the Gas Use Tax to their distributor or may elect to become a self-assessor.
A form of secondary production, gas injection is used on a well to enhance waning pressure within the formation. Systematically spread throughout the field, gas-injection wells are used to inject gas and effectively sweep the formation for remaining petroleum, boosting production.
