West Virginia Exhibit Schedule of Oil and Gas Leases Form 1 is a crucial document used in the oil and gas industry in West Virginia. This form serves as a detailed schedule that outlines the various leases related to oil and gas exploration and production in the state. The West Virginia Exhibit Schedule of Oil and Gas Leases Form 1 allows companies and individuals to disclose important information about their leased properties, ensuring transparency and compliance with state regulations. The form includes a range of key details that identify the properties, lease dates, terms, and parties involved. To better understand the different types of West Virginia Exhibit Schedule of Oil and Gas Leases Form 1, here are some variations commonly used: 1. West Virginia Exhibit Schedule of Oil and Gas Leases Form 1A: This specific variation of the form focuses on new leases obtained for oil and gas exploration and production. It captures essential data related to these new lease agreements, enabling companies to record and report their lease acquisitions accurately. 2. West Virginia Exhibit Schedule of Oil and Gas Leases Form 1B: This form is used when modifying or amending existing oil and gas leases in West Virginia. It provides a comprehensive overview of the amendments made to the original lease agreement, ensuring all changes and updates are properly documented. 3. West Virginia Exhibit Schedule of Oil and Gas Leases Form 1C: In cases where oil and gas leases are terminated or canceled, this form becomes crucial. It allows companies to officially record the termination or cancellation of a lease agreement, providing relevant details about the reason and circumstances of the termination. 4. West Virginia Exhibit Schedule of Oil and Gas Leases Form 1R: This particular variation is utilized when granting a right of way for pipelines or other infrastructure related to oil and gas operations. It documents the details of the right of way agreements, including the location, length, and specifications of the granted easement. The West Virginia Exhibit Schedule of Oil and Gas Leases Form 1 and its various types are essential tools that facilitate proper documentation and transparency in the oil and gas industry. These forms ensure compliance with state regulations, accurate record-keeping, and clear communication among all parties involved in the lease agreements.