This declaration is used when a unit operator desires to supplement and amend a Declaration of Pooled Unit to include in the unit the oil, gas and mineral leases described in Exhibit A to this Supplement, covering lands within the confines of the Unit Area.
Montana Supplemental Declaration of Pooled Unit
State:
Multi-State
Control #:
US-OG-370
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Supplemental Declaration Of Pooled Unit?
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FAQ
State regulations The Montana Board of Oil and Gas Conservation within the Montana Department of Natural Resources and Conservation is responsible for regulating fracking in Montana. The board enforces regulations on the following: Well construction, casing, and cementing. Protection of underground and surface water.
Declaration of a Pooled Unit Such a document delineates what portions of the leases are included in a unit. It also places third parties on notice. ing to the terms of the leases, any production from the wells in the pooled unit must maintain underlying leases or portions if this is applicable. What is a Pooling Clause in an Oil and Gas Lease? - Pheasant Energy pheasantenergy.com ? pooling-clause pheasantenergy.com ? pooling-clause
In its essence, forced pooling is the taking of private property (also known as private eminent domain) that also forces the impacts of drilling onto landowners. Pooled landowners face toxic air emissions, risks of water pollution and other environmental impacts related to drilling.
Forced pooling allows the Board of Oil and Gas to issue orders that require owners of separately owned tracts within a spaced drilling unit to pool their interests in the underlying deposit and operate as a unit. Oil and Gas Rights in Montana: Pooling and Unitization lorman.com ? resources ? oil-and-gas-rights... lorman.com ? resources ? oil-and-gas-rights...