The Agreement is between an Operator and Participant. The Operator is the owner of the oil and gas leases covering the acreage described as the Contract Area in the Operating Agreement attached to this Agreement as Exhibit A . The Participant desires to acquire an undivided percent leasehold working interest in the Leased Acreage, and participate in drilling the well, which will be an approximate ft. test, which will be located on the Leased Acreage.
Washington Participation Agreement for Single Well
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Multi-State
Control #:
US-OG-218
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Word;
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FAQ
As long as the well has adequate water to service both properties and there is written agreement guaranteeing the water, then my experience is that it does not impact marketablity or value.
Because shared wells serve two to four households, the rate of wear they experience will be much greater, resulting in the need for more frequent repairs and maintenance.
Since Arizona classifies most shared wells as ?exempt? wells, which means they are unregulated by the state, homeowners on shared wells are responsible for the management of their water supply. Shared well agreements are appropriate to serve up to 14 service connections or up to 24 residents in an area.
Well share agreements are private contracts executed by private parties to govern the manner in which a well provides water to multiple properties. While Arizona water law governs how a well is to be drilled and located, it does not govern the operation or management of a well share agreement.
The new state law permitted withdrawals of up to 3,000 gallons per day in WRIA 1, but only for domestic purposes. If multiple homes share one exempt well, the total withdrawals for domestic purposes are capped at 5,000 gallons per day. Whatcom County required these limits to be recorded on the property's title.
Elements in a Shared Well Agreement o must be capable of providing at least three gallons per minute for existing wells and five gallons per minute for new construction over a continuous four-hour period.
Yes, shared water wells are legal in Texas, but you need to be very careful here. ing to the TCEQ, the Texas Commission on Environmental Quality, a shared water well can service up to 25 people or 15 service connections.