Montana Participation Agreement for Single Well

State:
Multi-State
Control #:
US-OG-218
Format:
Word; 
Rich Text
Instant download

Description

The Agreement is between an Operator and Participant. The Operator is the owner of the oil and gas leases covering the acreage described as the Contract Area in the Operating Agreement attached to this Agreement as Exhibit A. The Participant desires to acquire an undivided percent leasehold working interest in the Leased Acreage, and participate in drilling the well, which will be an approximate ft. test, which will be located on the Leased Acreage.

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FAQ

A person is not required to apply for a permit to develop a groundwater well, spring, pit, or pond with a use of 35 gallons per minute or less, not to exceed 10 acre-feet per year (Section 85-2-306, MCA). The first step is to drill the well, develop the spring, or dig the pit or pond.

How Deep Should A Well Be For Drinking Water? It is recommended that wells used for drinking water be at least one hundred feet deep to prevent surface contaminants from falling into the well. The typical depth of a well for a private residence ranges anywhere from 100 to 800 feet.

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.

Now, drilling machines can dig between 200 to 300ft per day, so you need around two or three days to complete the process. However, some factors could slow down the drilling procedure, like having to bore through underground rocks. You may need to use a professional machine to handle this task.

Well Drilling Costs By State StateAverage Cost Per FootMontana$27 ? $59Nebraska$26 ? $56Nevada$28 ? $62New Hampshire$28 ? $6142 more rows ?

Groundwater permit exceptions A person is not required to apply for a permit to develop a groundwater well, spring, pit, or pond with a use of 35 gallons per minute or less, not to exceed 10 acre-feet per year (Section 85-2-306, MCA). The first step is to drill the well, develop the spring, or dig the pit or pond.

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Montana Participation Agreement for Single Well