Utah Well Takeover

State:
Multi-State
Control #:
US-OG-491
Format:
Word; 
Rich Text
Instant download

Description

This is a Well Takeover form, the assignor shall have the option to take over any well, such option to be exercised by mailing or otherwise giving notice to assignee of assignors intention to take over a well.
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FAQ

Vermont, which has no known frackable gas reserves, banned fracking preventatively in May 2012. In March 2017, Maryland became the second state in the US with proven gas reserves to pass a law banning fracking.

In fact, Utah has over 200 oil and gas fields and 5200 producing wells; more than 1.2 billion barrels of oil and 7.8 trillion cubic feet of gas have flowed from these fields! Utah consistently ranks in the top 15 oil-and-gas-producing states.

A shale gas play currently in the early stages of development is the Mancos Shale in central Utah. Several other gas plays in the state that have been tested and show some potential are the Manning Canyon Shale in central Utah and the Hermosa Group Shales in the Paradox Basin.

Ing to the director of the Division of Oil, Gas and Mining in October 2012, "The process of hydraulic fracturing has been a commonly used method for obtaining production from oil and gas wells for many years in Utah and worldwide." ing to Utah Gov.

Hydraulic fracturing is common in Utah, but the state does not track the exact number of wells that use hydraulic fracturing.

Utah also produces a significant amount of crude oil, primarily from the Uintah Basin in the eastern part of the state. Public lands are offered for oil and gas leasing after they are nominated by the industry and the BLM evaluates environmental factors.

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Utah Well Takeover