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.
Kentucky Obligatory Well
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State:
Multi-State
Control #:
US-OG-710
Format:
Word;
Rich Text
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FAQ
The Kentucky Living Will Directive Act of 1994 was passed to ensure that citizens have the right to make decisions regarding their own medical care, including the right to accept or refuse treatment.
The average depth of wells drilled during 1997 is 2,287 feet. The overall Statewide average total depth is 1,436 feet (from more than 118,000 wells in the Kentucky Oil and Gas Well Record Data Base).
Construction, modification, and abandonment of wells in Kentucky must be done by a Kentucky Certified (Water) Well Driller. In Kentucky, there are no permitting applications or fees for constructing or abandoning a water well required of the property owner.
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.
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. Total costs largely depend on the depth drilled and the well's diameter.
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.
