Indiana Obligatory Well

State:
Multi-State
Control #:
US-OG-710
Format:
Word; 
Rich Text
Instant download

Description

This is a provision for an Operating Agreement that concerns the Assignment of rights to an obligatory well. It provides the assignment options if any proposed operations are necessary to maintain a Lease covered by the Agreement in force or an agreement to earn a lease(s) which would otherwise expire unless operations are conducted.

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FAQ

Indiana. The State of Indiana requires anyone who digs or drills a well to be licensed with the Department of Natural Resources. As such, non-licensed individuals may not dig a well on their property.

Drilling a residential water well costs $25 to $65 per foot or $3,750 to $15,300 on average for a complete system and installation. Prices include the drilling, a pump, casing, wiring, and more.

More than 300,000 water wells have been drilled in Indiana. Many municipalities, as well as individual residences, obtain their water from such wells.

How Deep Should A Well Be For Drinking Water? It is recommended that wells used for drinking water be at least one hundred feet deep to prevent surface contaminants from falling into the well. The typical depth of a well for a private residence ranges anywhere from 100 to 800 feet.

All wells should be cased to a depth of at least 25 feet below ground surface. The casings of wells developed in sand or gravel should extend watertight to or into the aquifer. The minimum casing diameter for every new well should be at least 5 inches nominal inside diameter.

All wells should be cased to a depth of at least 25 feet below ground surface.

What are Indiana's rules for becoming a water well driller and/or pump installer? pay a fee of $100 for the initial license, and a $100 renewal fee each year. Licensed water well drillers and pump installers must also complete six hours of approved continuing education every two years.

Indiana law requires a well to be plugged by the owner or operator whenever it is no longer used for oil or gas production. In addition to plugging it, the operator is re- quired to remove all equipment used in the production of the well and restore the site to a suitable condition.

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Indiana Obligatory Well