Oregon Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a legal document used in the state of Oregon. This affidavit is typically filed by the lessee of a property to provide detailed information about the acreage assigned to spacing/proration units around producing wells. The purpose of this affidavit is to ensure transparency and accountability in the management and allocation of acreage within spacing and proration units. It helps in determining the appropriate distribution of production among the different owners and operators involved in the oil and gas industry. The Oregon Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee includes various key details. It specifies the location and identification of the producing wells, along with their associated spacing and proration units. The affidavit also lists the acreage assigned to each unit, including the net acres owned or leased by the lessee. The lessee must provide accurate information about the acreage assigned to each spacing unit. This information may include details such as the legal description of the lands, the total acreage within the unit, and any special considerations or restrictions affecting the assigned acreage. It is essential to mention that there may be different types or variations of the Oregon Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee, depending on specific circumstances or legal requirements. Some possible variations could include: 1. Initial Affidavit: This is the initial filing that occurs when the lessee first applies for spacing or proration units. It establishes the initial acreage assigned and serves as a starting point for subsequent filings. 2. Amended Affidavit: If there are changes or updates to the acreage assigned to spacing or proration units, the lessee must file an amended affidavit reflecting the revised information. 3. Transfer Affidavit: In cases where the ownership or leasehold interests within spacing or proration units are transferred to another entity, a transfer affidavit is filed to document and validate the change in ownership. 4. Unit Expansion Affidavit: When a lessee seeks to expand or modify existing spacing/proration units, an affidavit may be filed to provide the necessary details and justifications for the proposed changes. In conclusion, the Oregon Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee is a crucial document in the oil and gas industry. It ensures proper management and allocation of acreage within these units, promoting fair distribution of production among parties involved.
Oregon Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee
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Retained Acreage ? A clause that provides that a lease will continue after the expiration of the primary term as to a certain number of acres associated with each of the wells drilled under the lease.
Definitions of proration. the proportional limitation of production or distribution of something (e.g. crude oil or natural gas) to some fractional part of the total capacity of each producer.
? 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.
Code §3.39(a). 15 - Smith & Weaver, supra note 3, at §9.3(B). Under Statewide Rule 38, the drilling unit size for wells subject to state- wide rules is 40 acres, though special field rules may set different density requirements.
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. proration unit - The SLB Energy Glossary slb.com ? terms ? proration_unit slb.com ? terms ? proration_unit