Oklahoma Well Proposal to Avoid Multiple Well Proposals

State:
Multi-State
Control #:
US-OG-721
Format:
Word; 
Rich Text
Instant download

Description

This form is pursuant with Article VI that there will be no notice which proposes the drilling of more than one well (including re-entry for Deepening or Sidetracking an abandoned well). Further, the provisions of Article VI, insofar as it pertains to notification by a part of its desire to drill a well, shall be suspended for so long as: (1) a prior notice has been given which is still in force and effect and the period of time during which the well provided for in the notice may be commenced has not expired; or, (2) a well is then being drilled.

The Oklahoma Well Proposal to Avoid Multiple Well Proposals is a comprehensive plan initiated by the state of Oklahoma to streamline the process of well drilling and prevent multiple proposals for the same area. This proposal aims to optimize well placement, minimize redundancy, and ensure efficient use of resources in the oil and gas industry. One type of Oklahoma well proposal to avoid multiple well proposals is the centralized well permitting system. Under this system, a centralized authority, such as the Oklahoma Corporation Commission (OCC), oversees and coordinates all well proposals in the state. This ensures that every proposed well is thoroughly reviewed, eliminating the possibility of multiple proposals for the same location. Another type of well proposal is the well spacing regulation. In Oklahoma, certain minimum distances must be maintained between wells to ensure optimal reservoir drainage and prevent interference with adjacent well operations. Well spacing regulations help avoid multiple proposals in proximity, as operators are required to consider existing wells and reservoir boundaries before submitting a proposal. Furthermore, the Oklahoma well proposal involves the integration of advanced technological tools and data analysis. Geographic Information System (GIS) technology is utilized to map existing wells and identify potential drilling locations. By analyzing geological data, production rates, and reservoir characteristics, operators can make informed decisions when proposing new wells. This data-driven approach minimizes the need for multiple proposals and ensures that new well locations are strategically chosen for maximum efficiency. In addition, the Oklahoma well proposal emphasizes collaboration and communication among industry stakeholders. Operators are encouraged to engage in pre-application meetings with the OCC and other relevant entities to discuss proposed drilling plans. This allows for early identification of potential conflicts or redundancies, which can be resolved prior to submitting a formal proposal. By promoting dialogue and cooperation, the well proposal aims to create a more unified and efficient well development process. Overall, the Oklahoma Well Proposal to Avoid Multiple Well Proposals is a comprehensive initiative focused on optimizing the drilling operations in the state. Through centralized oversight, well spacing regulations, advanced technological tools, and enhanced collaboration, the proposal aims to minimize redundancy, ensure efficient use of resources, and promote sustainable growth in Oklahoma's oil and gas industry.

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FAQ

A pooling order which pools interests of unknown or unlocated owners shall contain language to the effect that if any payment of bonus, royalty payments, or other payments due and owing under the order cannot be made because the person entitled to it cannot be located or is unknown, then the bonus, royalty payments, or ...

A pooling clause is a contractual provision that allows leased lands to be pooled with other tracts of land to form a drilling unit. This mostly happens when an individual's land doesn't meet the required minimum acreage needed for a drilling permit.

Pooling is the combining of all oil and gas interests in a drilling unit. In most cases, the owners of oil and gas rights in a unit sign a lease with a developer that allows for pooling. If there is more than one developer in a unit, they voluntarily agree on a development plan.

What is a Multi-unit Well? ? A horizontal well in a shale reservoir where the completion. interval of the well is located in more than one spacing unit. formed for the same shale reservoir - the well is producing from. the reservoir in two or more such spacing units.

Forced pooling is a procedure established by the Oklahoma legislature in 1945 to facilitate and simplify the exploration for oil and gas in the state. The forced pooling process is controlled by the Oklahoma Corporation Commission, the agency with primary regulatory power over the state's energy industry.

Order pooling means combining several different customers' orders on the same standard manufacturing panel. ?Order pooling? or ?pooling? is probably the most common name but the process is also called ?order combination?, ?panel sharing?, ?multi-panels? ?

A Pugh Clause terminates the lease as to the portions of the land that are not included in a unit if the lessee does not conduct independent operations. Therefore, the Pugh Clause requires the lessee to develop areas of the lease that are not included in a unit.

Declaration of a Pooled Unit Such a document delineates what portions of the leases are included in a unit. It also places third parties on notice. ing to the terms of the leases, any production from the wells in the pooled unit must maintain underlying leases or portions if this is applicable.

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New Mexico: Infill wells within a pooled unit may be proposed by the operator subsequent to the completion of the initial well. Pooled working interest owners ... Rule 165:10-1-7(b) requires a well operator to file a Notice of Intention to. Drill Application before any oil, gas, injection, disposal, service well or ...Sep 22, 2022 — When you receive a 'Proposal - Well Name', in this case, The Cowman 1-12H1x36, it's a form letter with 4 options. Sell your mineral interests ... This proposal outlines a set of guidelines and regulations to ensure efficient utilization of resources and minimize unnecessary drilling operations. By ... Apr 23, 2018 — The depth of the well; The cost of the well (an AFE should be included); The proposed farmout/lease terms in lieu of participation in the well. "Abandoned well" shall mean any well inside the City Limits for which City bonds, insurance requirements or annual inspection fees have not been kept current; ... the proposed multiunit horizontal well or wells will prevent waste, protect correlative rights and likely will aid in the full and efficient development of ... The proposed operations may include the drilling of a well, or the reworking ... subsequent operation, multiple proposals are not always in the best interest. Jan 26, 2020 — Up for debate is a question about whether the state's 8 billion cubic feet per day of production is wasting a precious natural resource. Backers ... Feb 17, 2015 — Owners wishing to propose a well must secure the commitment of other owners in the unit. If any owners are not subject to a Joint Operating ...

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Oklahoma Well Proposal to Avoid Multiple Well Proposals