This form is used in the event any part to this Agreement elects not to participate in a Horizontal Exploratory Well, the non-participating party shall, on commencement of operations for the well, relinquish to the participating party one hundred percent (100%) of its rights, title, and interests in and to that portion of the Contract Area included within the Drilling Unit for the well and one hundred percent (100%) of the party’s rights, title, and interests in and to that portion of the Contract Area.
Washington Relinquishment Provision - Horizontal Well
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State:
Multi-State
Control #:
US-OG-718
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Word;
Rich Text
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How to fill out Relinquishment Provision - Horizontal Well?
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FAQ
Washington generally uses the federal test of navigability to determine all navigable waters within the state because the state owns the beds of all navigable rivers.
A water right is the legal right of a property owner to use, sell, divert and manage water from a specific source for a specific purpose. These sources include both groundwater (such as well water) and surface water (such as rivers, lakes and streams) that border the land they own.
Washington has a prior appropriation water right system, also referred to as a system of ?first-in-time, first-in-right.? A person who established a water right first has senior priority and the right to divert all their water before the person with the next junior right (next water right in chronological order).
Waters of the state belong to the public and can't be owned by any individual or group. Instead, a person or group may be granted a right to use a volume of water, for a defined purpose, in a specific place.
In Washington, a water right is sold with the property unless it is specifically reserved from the sale. You can investigate your water right on your own. However, we recommend you consult a water right expert for a thorough investigation if you want to fully understand your water right.
Nobody truly owns Washington's water. Water ? whether underground or in lakes, streams, or frozen in the mountains ? is owned by the people of Washington state and managed by the Department of Ecology (Ecology).
