This agreement is between an operator and a participant. Operator is the owner of the leasehold interest in the oil and gas leases described in Exhibit A to this Agreement. Participant desires to acquire an undivided interest in a portion of the Leases, in the manner provided for in this Agreement, and desires to enter into this Agreement for the purposes of joining Operator in the exploration of and development of the Leases.
North Carolina Participation Agreement for Turnkey Drilling and Multiple Wells
Category:
State:
Multi-State
Control #:
US-OG-219
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out North Carolina Participation Agreement For Turnkey Drilling And Multiple Wells?
Choosing the best authorized record format can be quite a battle. Of course, there are tons of templates available on the Internet, but how will you obtain the authorized type you want? Take advantage of the US Legal Forms internet site. The service delivers a large number of templates, including the North Carolina Participation Agreement for Turnkey Drilling and Multiple Wells, that can be used for business and personal requires. Each of the types are checked out by pros and satisfy federal and state demands.
In case you are presently registered, log in for your bank account and then click the Obtain option to obtain the North Carolina Participation Agreement for Turnkey Drilling and Multiple Wells. Make use of bank account to appear through the authorized types you may have purchased in the past. Go to the My Forms tab of the bank account and get one more copy of your record you want.
In case you are a new user of US Legal Forms, allow me to share simple guidelines for you to follow:
- Initial, make certain you have chosen the correct type for your personal city/area. It is possible to check out the shape utilizing the Review option and look at the shape outline to make certain this is the right one for you.
- When the type fails to satisfy your needs, use the Seach discipline to discover the proper type.
- When you are certain that the shape is suitable, click the Buy now option to obtain the type.
- Pick the rates strategy you need and enter the required details. Build your bank account and pay for an order using your PayPal bank account or credit card.
- Choose the submit structure and download the authorized record format for your system.
- Full, revise and printing and signal the obtained North Carolina Participation Agreement for Turnkey Drilling and Multiple Wells.
US Legal Forms is the biggest collection of authorized types in which you can find different record templates. Take advantage of the service to download professionally-produced paperwork that follow express demands.
Form popularity
FAQ
A drilling contract is an agreement between a drilling contractor and the owner or lessor of mineral rights. The contract outlines the rights and responsibilities of both parties. The more control the owner retains over the contractor, the more liable they are for any damages caused by the drilling.
A turnkey project is a delivery method in which a contractor works with a project owner under a single contract to complete all project stages from detail engineering through construction.
In the context of drilling, a turnkey is a type of a drilling contract. Once it meant the entire job, beginning to end, and often to ready-to-produce for a set price, however, the term has numerous meanings as defined by individual contracts.
It is a contract where an independent agent provides all materials and labour and does all the work necessary to complete a project for a fixed price. Turnkey contracts are simply agreements between a builder and a business where the builder agrees to complete a project that is then readily available for the company.
TURNKEY: Adj ? 'the provision of a complete product or service that is ready for immediate use' Working with a turnkey partner means you have a simple project delivery method under one single contract, in which all stages of the project are included from design through to construction.
A turnkey business may refer to a business that can be purchased without having to make any changes to the business model or products sold. For example, a franchise like Taco Bell is a type of turnkey business.