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.
Massachusetts Obligatory Well
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Multi-State
Control #:
US-OG-710
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Word;
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FAQ
What is Well Water? Well water is a private water source taken directly from the earth. To create a private well, a hole is drilled into the ground down to the aquifer?a permeable layer of rock that contains water. A pump system is then used to carry that water up and into your home.
Private wells are typically located on your property and provide water to your home only. In some cases, there are shared wells that can serve several homes in a close area. If you are on a private well system, you will typically have an exterior well with piping running to your house.
Private, or individual, water systems are composed of private ground water residential wells, cisterns, and larger private water systems that serve more than one residence. Private ground water wells usually supply water to an individual residence.
What is a private water supply? If you supply water to others for example other domestic premises, renting out holiday accommodation or to commercial premises with employees or food production ? this is a private water supply. The supply may serve just one property or several properties through a network of pipes.
Massachusetts. Almost all drilled wells in Massachusetts have a depth of 100?400 feet.
The public water supply is regulated so that the water being served to their customers is safe to drink. A private well is not regulated and as the well owner, it is their responsibility to make sure the water is safe to drink.
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.
Private water wells must be at least 25 feet from the high water mark of all lakes, streams, rivers, ponds, ditches and sloughs. If your land is within a floodplain, the well should be constructed at least 100 feet from the edge of the floodplain.
