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.
Utah Oil and Gas Transfer Order
State:
Multi-State
Control #:
US-OG-324
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Oil And Gas Transfer Order?
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FAQ
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.
You can look up your Utah mineral rights using the BLM's Utah Interactive Map or the Utah Department of Natural Resources Division of Oil, Gas and Mining's (UDOGM) interactive GIS map. Each state has a different GIS map, and some are easier to use than others. Fortunately, Utah's GIS map is very easy to use.
Except as is reasonably necessary to conduct oil and gas operations, an owner or operator shall mitigate the effects of accessing the surface land owner's surface land, minimize interference with the surface land owner's use of the surface land owner's property, and compensate a surface land owner for unreasonable loss ...
It contains significant supplies of oil, natural gas, coal, uranium, and oil shale and oil sands; base metals such as copper, beryllium, magnesium and molybdenum; and industrial minerals such as potash, salt, magnesium chloride and gilsonite.
Utah produces significant copper, gold, molybdenum, magnesium, and silver, and is the leading global producer of beryllium. In addition to significant historical production of lead, zinc, iron, and vanadium, there are several other metallic resources found throughout the state.
Utah mineral rights include crude oil and natural gas. Utah ranks 13th in the nation for crude oil production and 8th in the nation for natural gas production. Utah currently has approximately 8,600 wells producing oil and natural gas.
