New Hampshire Gas Storage and Secondary Recovery Unit Agreement

State:
Multi-State
Control #:
US-OG-774
Format:
Word; 
Rich Text
Instant download

Description

This form is used for the purposes of more effectively developing, producing, and operating the Unit Area in order to prevent surface and underground waste, and obtain the greatest ultimate recovery of production of oil and gas, promote conservation, and to afford each of the Parties the right to recover their fair and equitable share of the production to be obtained from the Unit Area, or to receive the attributable proceeds of such production.

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FAQ

Depleted natural gas or oil fields function as gas storage reservoirs in California. Natural gas is injected into the storage reservoirs through gas storage wells and stored until withdrawn for use. There are 12 underground natural gas storage fields in the state.

The New Hampshire rule (AST Rules), require that an owner of a regulated AST facility register all ASTs with DES. A regulated AST facility is one that has single petroleum AST with a capacity of more than 660-gallons, or two or more petroleum ASTs having a combined storage capacity of more than 1,320-gallons.

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New Hampshire Gas Storage and Secondary Recovery Unit Agreement