Mississippi Unitization Agreement

State:
Multi-State
Control #:
US-OG-776
Format:
Word; 
Rich Text
Instant download

Description

This form is used to promote conservation, increase the ultimate recovery of Unitized Substances of the specified lands and to protect the rights of the owners, it is deemed necessary and desirable to enter this Agreement, in conformity with (Applicable State Statute), to unitize the oil and gas rights in the Unitized Formation in order to conduct Unit operations for the conservation and utilization of Unitized Substances as provided in this Agreement.

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FAQ

You can hire a geologist or land surveyor to help you determine if there's something of value on your land. You can also look at mineral rights listings to see if your property has separate mineral rights for sale.

To locate your mineral rights records, begin at the county recorder's office. The legal description of the property should be in county deed books. You can specifically search the book and page where the property is located if you have a take-off.

Unitization is the agreement to jointly operate an entire producing reservoir or a prospectively productive area of oil and/or gas. The entire unit area is operated as a single entity, without regard to lease boundaries, and allows for the maximum recovery of production from the reservoir.

If your deed does not list this information, you will need to contact the County Clerk in the county where your minerals are located.

How do you find out who owns mineral rights in PA? Research the title of the property at the county recorder's office of the county where the land is located. ... With this information, the country recorder can provide you with insight regarding the owner of mineral rights on a property.

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Mississippi Unitization Agreement