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.
The Oklahoma Survey of Lands included in Producing or Proration Units is a crucial aspect of the oil and gas industry in the state. It involves the detailed assessment and allocation of land areas for the purpose of production and distribution of oil and gas resources. By conducting this survey, the state ensures the fair utilization of its natural resources and enables efficient resource management. The survey process begins by identifying various types of Oklahoma Survey of Lands, which include: 1. Section: Oklahoma is divided into a grid system consisting of six-mile by six-mile squares called sections. Each section contains approximately 640 acres of land. 2. Townships: Multiple sections are grouped together to form townships, which are either six miles square (Township) or six miles by six miles (Township and Range). 3. Ranges: These are six-mile-wide strips of land that are parallel to the principal meridian, a north-south reference line. Each range is consecutively numbered east or west of the principal meridian. 4. Meridians: Meridians are the north-south reference lines used to establish the legal description system. The principal meridians in Oklahoma include the Indian Meridian, Cimarron Meridian, and Choctaw Meridian, to name a few. 5. Liquors: Within each section, land is further divided into smaller parcels known as liquors. Liquors are denoted as one, two, or four quarters (NW/4, SE/4, NE/4, etc.), and each liquor represents a specific portion of the section. The survey of lands included in producing or proration units is essential for determining the boundaries and ownership of oil and gas wells, pipelines, drilling units, and other related infrastructure. It helps in calculating production volumes accurately, managing royalties and leasehold interests, assessing tax obligations, and monitoring compliance with regulations. Moreover, the Oklahoma Survey of Lands is critical for maintaining transparency and fairness in the industry. It ensures that all stakeholders, including landowners, operators, and regulatory bodies, have a clear understanding of land boundaries and the rights associated with it. This information facilitates effective decision-making, resource planning, and conflict resolution. In conclusion, the Oklahoma Survey of Lands included in Producing or Proration Units is a comprehensive system that classifies and regulates land areas for oil and gas production. It encompasses sections, townships, ranges, meridians, and liquors to accurately identify and allocate lands. By employing this survey, Oklahoma maintains a well-organized and transparent framework for the responsible exploration and extraction of its valuable natural resources.
