Vermont Exploratory Unit Agreement

State:
Multi-State
Control #:
US-OG-737
Format:
Word; 
Rich Text
Instant download

Description

This form is an agreement that is used by the Parties that are the owners of working, royalty, or other oil and gas interests in the unit area subject to this Agreement. It is pursuant to the Mineral Leasing Act of February 25, 1920, as amended, 30 U.S.C. Sec. 181 et seq., authorizes Federal lessees and their representatives to unite with each other, or jointly or separately with others, in collectively adopting and operating under a unit plan of development or operations of all or any part of any oil and gas pool, field, or like area, for the purpose of more properly conserving the natural resources whenever determined and certified by the Secretary of the Interior to be necessary or advisable in the public interest.


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FAQ

§ 571. (a) No person may engage in hydraulic fracturing in the State. (b) No person within the State may collect, store, or treat wastewater from hydraulic fracturing.

Response: The State of Vermont has enacted laws and rules prohibiting hydraulic fracturing for oil and gas in Vermont. Class II Waste injection wells for the injection of liquid wastes generated through hydraulic fracturing of oil and gas bearing formations are also prohibited in the State of Vermont.

Is fracking legal in the United States? Yes, there is no federal ban on fracking and the practice is allowed by most local authorities.

Fracking happens across much of the U.S., in states such as North Dakota, Arkansas, Texas, California, Colorado, New Mexico and Pennsylvania. One state, Vermont, recently banned the practice, though it doesn't have an active well being drilled.

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.

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Vermont Exploratory Unit Agreement