South Dakota Oil and Gas Transfer Order

State:
Multi-State
Control #:
US-OG-324
Format:
Word; 
Rich Text
Instant download

Description

This form is used to commence revenue payments when ownership is being transferred between parties. The Transfer Order includes the name of each interest owner, the interest for each interest owner, a legal description of the property, and the operator's name.


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FAQ

South Dakota leads in mica production It also produces construction sand and gravel, crushed stone, dimension stone, feldspar, gemstones, gold, gypsum, industrial sand and gravel, lime, and silver. Iron ore mined is used for cement clinker.

State Mineral: Rose Quartz It is mined in the southern Black Hills and is used primarily for ornaments and jewelry. In South Dakota, the color of rose quartz ranges from the pale shades of pink to rose-pink to rose-red. Occasionally, it has a faint purplish or lavender cast. This designation was made in 1966.

The Black Hills, South Dakota is one of the top 5 places in the U.S. for rocks and minerals. In addition to agate and rose quartz, there are more than 40 other minerals found here: including copper, silver, lead, tin, feldspar, spodumene, beryl, mica, quartz and gold.

The Fairburn agate was designated as South Dakota's state gemstone on February 11, 1966.

An assignment of oil and gas lease is a contractual agreement between a landowner and an oil or gas company in which the company gains the right to explore for, develop, and produce oil and gas from the property.

Mineral deposits and rock beds can also be found throughout the forest and prairie, featuring quartz, copper, silver, lead, mica, feldspar and many other naturally occurring geological finds. People come to the Black Hills for exploration and mineral claims on gold, uranium, pegmatite minerals, and limestone.

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South Dakota Oil and Gas Transfer Order