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.
Ohio Survey of Lands included in Producing Or Proration Units
Category:
State:
Multi-State
Control #:
US-OG-831
Format:
Word;
Rich Text
Instant download
Description
How to fill out Survey Of Lands Included In Producing Or Proration Units?
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FAQ
? Proration Unit = Acreage assigned to a well for the purpose of: ? Assigning allowables. ? Allocating allowable production to a well. ? A tool to allocate ? distribute/divide - production from oil and gas wells across an entire reservoir or geographic area.
1. n. [Oil and Gas Business] The amount of acreage, determined by governmental authority that can be efficiently and economically drained by a well at a particular depth or horizon. See: communitization, pooling, unitization.
