This form is used for the purposes of more effectively developing, producing, and operating the Unit Area in order to prevent surface and underground waste, and obtain the greatest ultimate recovery of production of oil and gas, promote conservation, and to afford each of the Parties the right to recover their fair and equitable share of the production to be obtained from the Unit Area, or to receive the attributable proceeds of such production.
Virginia Gas Storage and Secondary Recovery Unit Agreement
Category:
State:
Multi-State
Control #:
US-OG-774
Format:
Word;
Rich Text
Instant download
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How to fill out Gas Storage And Secondary Recovery Unit Agreement?
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FAQ
Find out if natural gas is available in your area by entering your zip code. This will also point you to your local natural gas utility, which can give you more specific details on availability. Don't forget to ask your natural gas provider about any special offers that may be available!
Natural gas is found in rock formations deep below the surface of the Earth. Petroleum, or oil, is often found in the same areas. Humans have been using natural gas for cooking for hundreds of years.
The search for natural gas begins with geologists who study the structure and processes of the earth. They locate the types of geologic formations that are likely to contain natural gas deposits. Geologists often use seismic surveys on land and in the ocean to find the right places to drill natural gas and oil wells.
Some rocks, such as Sandstone, Carbonates, coals, and Shale, are significant indicators of oil presence in a piece of land. Carbonates like limestone (particularly ones with the coarse grain) are known to be rich sources of oil and gas.
How can you find out if you have any and how many gas lines are on your property? A natural gas meter on your property will indicate a natural gas line in the vicinity, which will most likely indicate a gas line on the property you will be responsible for maintaining.