South Carolina Exploratory Unit Agreement

State:
Multi-State
Control #:
US-OG-737
Format:
Word; 
Rich Text
Instant download

Description

This form is an agreement that is used by the Parties that are the owners of working, royalty, or other oil and gas interests in the unit area subject to this Agreement. It is pursuant to the Mineral Leasing Act of February 25, 1920, as amended, 30 U.S.C. Sec. 181 et seq., authorizes Federal lessees and their representatives to unite with each other, or jointly or separately with others, in collectively adopting and operating under a unit plan of development or operations of all or any part of any oil and gas pool, field, or like area, for the purpose of more properly conserving the natural resources whenever determined and certified by the Secretary of the Interior to be necessary or advisable in the public interest.


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FAQ

South Carolina has no crude oil reserves or production, and there are no petroleum refineries in the state.

States require a drilling permit before a well begins drilling. Requirements to receive drilling permits generally include minimum setbacks from lease or unit boundaries, and adequate casing and cementing programs.

Reserves. There is no oil or gas activity in South Carolina due to limited crude oil and natural gas reserves. Oil and gas production in South Carolina - Ballotpedia ballotpedia.org ? Oil_and_gas_production_in_So... ballotpedia.org ? Oil_and_gas_production_in_So...

South Carolina has no oil or gas reserves, ing to the U.S. Energy Information Administration. So we don't have to worry about the hazards to health and the environment caused by hydraulic fracturing, or fracking. Right?

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South Carolina Exploratory Unit Agreement