The Maryland Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment is a legal document that provides crucial information regarding the cessation of production and the plugging of an oil or gas well in Maryland. This affidavit serves as an official declaration, outlining the details of when production stopped and the date of the last royalty payment made. In Maryland, there are various types of Affidavits of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment, depending on the specific circumstances. Some common types include: 1. Standard Affidavit of Cessation: This is the most commonly used affidavit, utilized when production has completely ceased, and the well requires plugging. It specifies the exact date when production stopped and the last royalty payment was made. 2. Temporary Cessation Affidavit: This affidavit is used when production temporarily stops but is expected to resume in the future. It provides relevant details regarding the intended duration of the cessation and any necessary arrangements regarding royalty payments during this period. 3. Partial Cessation Affidavit: In cases where only a portion of the well has ceased production while the remaining sections remain active, this affidavit is used. It clearly specifies the sections that have ceased production, the date of cessation, and the associated last royalty payment. 4. Permanently Plugged Well Affidavit: This affidavit is employed when the well has been permanently plugged and will no longer be used for production. It includes details about the plugging process and the final date of royalty payment. Keywords: Maryland, Affidavit of Cessation, Production, Plugging, Well, Royalty Payment, Declaration, Oil, Gas, Temporary Cessation, Partial Cessation, Permanently Plugged Well.
Maryland Affidavit of Cessation of Production and Plugging of Well Specifying Date of Last Royalty Payment
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