This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Nebraska Geophysical and Seismic Operations
Category:
State:
Multi-State
Control #:
US-OG-800
Format:
Word;
Rich Text
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FAQ
There are about 1 million producing oil wells across the U.S., but the number of active wells in Nebraska has remained stable, with 1,571 producing wells reported in 1960 from NDEE data, and 1,429 producing wells reported 60 years later in 2020.
With the limelight on crude oil production these days, it is notable that Nebraska produces a fair amount of crude each year.
In 2022, five states combined accounted for about 72% of total U.S. crude oil production. The top five crude oil-producing states and their percentage shares of total U.S. crude oil production in 2022 were: Texas42.5% New Mexico13.3% North Dakota8.9% Colorado3.7% Alaska3.7%
Geophysical exploration and geological interpretation identify?by using seismic, gravimetric, and magnetic measurements?a geological region in which to drill oil wells and, after a reservoir as been found, in which to develop the reservoir.
Almost all the state's crude oil production is from wells in western and southwestern Nebraska. Nebraska does not have any crude oil refineries, but pipelines that cross the state deliver crude oil to facilities in neighboring states.