This is a provision for an Operating Agreement that concerns the Assignment of rights to an obligatory well. It provides the assignment options if any proposed operations are necessary to maintain a Lease covered by the Agreement in force or an agreement to earn a lease(s) which would otherwise expire unless operations are conducted.
Pennsylvania Obligatory Well
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Multi-State
Control #:
US-OG-710
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Word;
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--Wells may not be drilled within 200 feet, or, in the case of an unconventional gas well, 500 feet measured horizontally from the vertical well bore to a building or water well, existing when the copy of the plat is mailed as required by section 3211(b) (relating to well permits) without written consent of the owner ...
Pennsylvania Inland Rig Count is at a current level of 20.00, down from 22.00 last week and down from 24.00 one year ago. This is a change of -9.09% from last week and -16.67% from one year ago.
There are more than one million private water wells in Pennsylvania serving about 3.5 million people in rural areas. Approximately 20,000 new wells are drilled each year.
The American oil and gas industry started in Pennsylvania. Our state is also home to an estimated 27,000 documented orphaned or abandoned oil and gas wells. These wells were drilled decades ago when regulations were less stringent or nonexistent, and many were never correctly plugged.
This statistic shows the estimated number of oil and gas wells drilled in the United States from 2014 to 2017, with forecasted figures for 2018 to 2022. In 2017, there were an estimated 16,900 oil and gas wells drilled in the U.S., and it is forecasted that in 2022 there will be 22,600 wells drilled.
Pennsylvania has more than a million domestic water wells, plus an unknown number of other types of water wells, boreholes, and springs.