In the interest of the public welfare and to promote conversation and increase the ultimate recovery of oil, gas, and associated minerals from the Unit and to protect the rights of the owners of interest in the lands included in the Unit, it is deemed necessary and desirable to enter into this Agreement, in conformity with (Applicable Statutory reference), to unitize the Oil and Gas Rights in and to the Unitized Formation in order to conduct a secondary recovery, pressure maintenance, or other recovery program as provided for in this Agreement.
Utah Unit Agreement
State:
Multi-State
Control #:
US-OG-775
Format:
Word;
Rich Text
Instant download
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FAQ
Texas is by far the largest oil-producing state in the United States.
Utah produces oil from eight major ?plays? within these provinces, where a play is defined by the U.S. Geological Survey as a set of known or postulated oil accumulations sharing similar geologic, geographic, and temporal properties such as hydrocarbon-generating source rocks, oil migration pathways, trapping ...
Utah accounts for 15 of every 100 barrels of crude oil produced in the Rocky Mountain region. The state's five oil refineries, all located in the Salt Lake City area, can process about 206,000 barrels of crude oil per calendar day.
Petroleum is found in underground pockets called reservoirs. Deep beneath the Earth, pressure is extremely high. Petroleum slowly seeps out toward the surface, where there is lower pressure. It continues this movement from high to low pressure until it encounters a layer of rock that is impermeable.
Using data from the U.S. Energy Information Administration researchers found that out of all U.S. states with at least one million barrels, Utah has the 12th most crude oil proved reserves. Utah has 275 million barrels of crude oil proved reserves, with five operating refineries.
Utah's natural gas fuels not only homes and businesses in Utah; it also is used by surrounding states. Utah also produces a significant amount of crude oil, primarily from the Uintah Basin in the eastern part of the state.