Oregon Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee

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Multi-State
Control #:
US-OG-168
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Description

An affidavit is statement of facts which is sworn to (or affirmed) before an officer who has authority to administer an oath (e.g. a notary public). This affidavit form is for the purpose of describing the location of the well (or wells) drilled on the Lands, and describing the portion of the Lands surrounding each well which is included within the proration/spacing unit for each well.
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FAQ

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

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Oregon Affidavit As to Acreage Assigned to Spacing / Proration Units Around Producing Wells by Lessee