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Massachusetts Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation

Category:
Oil Gas and Minerals - Bills of Sale
State:
Multi-State
Control #:
US-OG-099
Format:
Word; 
Rich Text
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Description

If an operator elects to abandon wells, a landowner may want to take the wells over, to continue to produce them, or convert them to some other use. This form provides for a transfer of the equipment in exchange for the assumption of the obligation to plug the well(s).

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Massachusetts Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation
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