Nevada Relinquishment Provision - Exploratory Well

State:
Multi-State
Control #:
US-OG-717
Format:
Word; 
Rich Text
Instant download

Description

This form is used when any party electing not to participate in an exploratory well after the exploratory well has been drilled, relinquish and assign to the Drilling Party or Parties one hundred percent (100%) of its rights, title and interests in the Drilling Unit and the eight (8) Drilling Units directly and diagonally offsetting the Drilling Unit on which the well was drilled.

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FAQ

Groundwater in the Las Vegas Valley comes from three major aquifer zones, generally situated from 300 to 1,500 feet below land surface.

By Nevada statute, residents who do not have access to a public utility are allowed to drill one domestic well on their property, a personal straw giving them direct access to groundwater. They do not need a permit or any water right to drill a well. This results in an accounting problem for water management.

Under Nevada law, domestic water well owners are not required to file for a water rights permit if their well draws less than 1,800 gallons of water per day. However, all water well drilling must be done by a licensed well driller who will file drilling logs with the State Engineer within 30 days of construction.

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. Prices include the drilling, a pump, casing, wiring, and more.

Water Sources Customers in the City of North Las Vegas water service area receive their water from two sources: groundwater, which is pumped from the deep carbonate aquifer at various wells throughout the City; and surface water, from the Colorado River at Lake Mead.

Groundwater wells A domestic well serves a single home without a water right permit. Domestic well water usage may not exceed 1,800 gallons per day. Thousands of these wells exist in the Las Vegas Valley.

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Nevada Relinquishment Provision - Exploratory Well