A New York Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document that provides details about the allocation of acreage assigned to spacing or proration units surrounding active oil or gas wells. This affidavit is crucial in the oil and gas industry as it determines the accurate calculation of royalties, leasehold interests, and production allocations. The New York Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee includes the following information: 1. Well Identification: The affidavit specifies the unique identification number, name, and location of each producing well in New York. Keywords: New York producing wells, well identification, well location. 2. Leasehold Interests: It outlines the leasehold interests held by the lessee for a specific well, providing a comprehensive list of all leased acreage assigned to the spacing or proration units. Keywords: leasehold interests, lessee, leased acreage, spacing units, proration units. 3. Spacing Units: This section describes the designated zones or areas surrounding a producing well that have been prescribed by regulatory bodies for efficient drilling and production operations. The affidavit outlines the acreage assigned to each spacing unit. Keywords: spacing units, designated zones, regulatory bodies, acreage assignment. 4. Proration Units: In some cases, instead of spacing units, proration units are used to allocate production and regulate the maximum volume of oil or gas that can be extracted from a specific area. The affidavit must specify the acreage assigned to each proration unit. Keywords: proration units, production allocation, maximum volume, acreage assignment. 5. Acreage Calculation: This section elaborates on how the acreage assigned to both spacing and proration units has been calculated. It includes information such as the measurement methods employed and any adjustments made to account for unusual geological features. Keywords: acreage calculation, measurement methods, adjustments, geological features. 6. Royalty Determination: The affidavit may include details about the determination of royalties for each lessee based on the acreage assigned to spacing or proration units. It may mention any special provisions or agreements regarding royalty payments. Keywords: royalty determination, lessee royalties, special provisions, royalty agreements. Different types of New York Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells may include variations in terminology, formatting, or specific requirements based on the regulatory rules and operators involved. Such variations could be related to shale gas wells, natural gas wells, offshore wells, or conventional oil wells.
New York Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee
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