Louisiana Conversion of An Oil Or Gas Well to An injection Or Water Well

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Multi-State
Control #:
US-OG-786
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Word; 
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Description

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.

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FAQ

Any water well in Louisiana must be installed by a licensed water well drilling contractor. It is recommended that owners of domestic water wells have their systems routinely inspected and tested for biological and chemical contaminants each year.

The Office of Conservation rules are contained in Title 43 of the Louisiana Administrative Code. The Division of Administration, Office of the State Register, is the official authority responsible for Executive Orders issued by the Governor, the Louisiana Administrative Code, and the monthly Louisiana Register.

Louisiana Administrative Code Title 61 of the LAC contains the rules for taxes administered by the La Department of Revenue. Complete set of rules promulgated by the Louisiana Department of Revenue can be obtained through the Office of State Register.

Wells producing less than 10 barrels per day pay one-quarter the tax rate (stripper wells at 3.125%). Present law allows a 100% severance tax exemption for horizontal oil and gas wells for the shorter of the first 24 months of production or payout.

The LAC is the official compilation of administrative rules published by agencies and boards in the state of Louisiana. Revised Statutes (laws passed by the legislature), and the internal guidelines of agencies are not included in administrative rules.

The Louisiana Administrative Procedure Act is the law governing procedures for state administrative agencies to propose and issue regulations and provides for judicial review of agency adjudications and other final decisions in Louisiana. It can be found in Title 49, Chapter 13 of the Louisiana Revised Statutes.

Louisiana law requires that all new water wells constructed in the state, and older wells that have been re-worked, be registered with the Office of Conservation. A Water Well Registration Form is to be submitted to the agency within 30 days of completion.

Without prejudice to any other mode of citation, the Louisiana Administrative Code may be cited by Title, Part and Section number. The preferred short form of citation of the Louisiana Administrative Code is "LAC." Thus, "LAC 35:XI. 315" refers to Section 315 of Part XI of Title 35 of the LouisianaAdministrative Code.

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Louisiana Conversion of An Oil Or Gas Well to An injection Or Water Well