Nevada Relinquishment Provision - Horizontal Well

State:
Multi-State
Control #:
US-OG-718
Format:
Word; 
Rich Text
Instant download

Description

This form is used in the event any part to this Agreement elects not to participate in a Horizontal Exploratory Well, the non-participating party shall, on commencement of operations for the well, relinquish to the participating party one hundred percent (100%) of its rights, title, and interests in and to that portion of the Contract Area included within the Drilling Unit for the well and one hundred percent (100%) of the party’s rights, title, and interests in and to that portion of the Contract Area.

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FAQ

About 10 percent of the Las Vegas Valley's water comes from groundwater, which is a water supply under the Earth's surface. The Las Vegas Valley Water District pumps groundwater from wells to meet peak summer demand.

Domestic 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. Facts about groundwater and wells lasvegasgmp.com ? wells-groundwater ? facts lasvegasgmp.com ? wells-groundwater ? facts

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. Is it Legal to Drill Your Own Well? A State by State Guide worldwaterreserve.com ? is-it-legal-to-drill-your-o... worldwaterreserve.com ? is-it-legal-to-drill-your-o...

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Nevada Relinquishment Provision - Horizontal Well