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.
Texas Survey of Lands included in Producing Or Proration Units
Category:
State:
Multi-State
Control #:
US-OG-831
Format:
Word;
Rich Text
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How to fill out Survey Of Lands Included In Producing Or Proration Units?
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FAQ
(a) Shall be located on a drilling unit consisting of (1) 640 contiguous surface acres; or (2) a governmental section containing not less than 600 acres or more than 680 acres; or (3) sixteen (16) contiguous governmental quarter-quarter sections whose total acreage is not less than 600 acres or more than 680 acres.
?Proration schedule? means the periodic order of the commission authorizing the production, purchase, and transportation of oil or of natural gas from the various units of oil or of natural gas proration in allocated pools.
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.
? 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.
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.
