This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Tennessee Survey of Lands is a crucial aspect of the process involved in producing or proration units within the state. This survey plays a significant role in determining the boundaries and divisions of lands as they relate to oil and gas production activity. By conducting a thorough Tennessee Survey of Lands, accurate measurements and descriptions of the surface and subsurface tracts are obtained, ensuring fairness and transparency in the allocation of resources. The main types of Tennessee Survey of Lands included in producing or proration units are as follows: 1. Initial Surveys: These surveys are conducted during the early stages of exploration or development to ascertain the available land area and its boundaries. The purpose is to establish initial units for production or proration, ensuring an equitable division of resources among multiple operators or parties involved. 2. Amended Surveys: In certain cases, existing producing or proration units may require amendments due to various factors such as newly discovered reservoirs, changes in ownership, or modifications in well spacing regulations. Amended surveys help redefine the boundaries and units to reflect these changes accurately. 3. Pooling Surveys: The pooling of multiple leases or tracts is a common practice for efficient and optimized oil and gas operations. Tennessee Survey of Lands is used to define the pooled area and establish the proration units for each participating lease or tract. This ensures that all parties benefit fairly based on their respective contributions to the pooled unit. 4. Horizontal Well Surveys: With the rise of horizontal drilling techniques, specific surveys are conducted to determine the lateral extent and drainage area of the reservoir. These surveys help in designing well paths and establishing proration units along the horizontal drilling area, maximizing the recovery of oil and gas resources. 5. Well Spacing Surveys: Well spacing regulations are implemented to prevent unnecessary depletion of reservoirs and ensure optimal resource recovery. Tennessee Survey of Lands assists in determining the distance between wells and establishing proration units accordingly. Proper well spacing surveys aid in maintaining the integrity of the reservoir while facilitating efficient production. In summary, Tennessee Survey of Lands is an integral part of producing or proration units within the state. Through various surveys like initial surveys, amended surveys, pooling surveys, horizontal well surveys, and well spacing surveys, accurate boundaries and divisions of land are determined. These surveys contribute to fair and efficient resource allocation, ensuring effective oil and gas production operations in Tennessee.
