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EXCESS CASUALTY OIL & GAS LEASE OPERATORS QUESTIONNAIRE Name of Insured: Location: 1. Please give the number of: a. Oil producing wells 0 25% b. Gas producing wells 0 25% c. Wells to be drilled 0
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Oil and gas companies engaged in exploration, production, refining, or transportation of oil and gas products may require excess casualty oil gas coverage.
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Authorities or regulatory bodies overseeing oil and gas operations may require companies operating in this sector to have excess casualty oil gas coverage as part of their compliance obligations.
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Excess casualty oil gas refers to the amount of oil or gas production in excess of what was originally estimated or planned.
Oil and gas companies or operators are required to file excess casualty oil gas.
Excess casualty oil gas can be filled out by submitting the relevant production data to the regulatory authorities.
The purpose of excess casualty oil gas is to accurately report the actual oil and gas production to ensure compliance with regulations.
The information that must be reported on excess casualty oil gas includes the actual amount of oil and gas production, any discrepancies from the original estimates, and any reasons for the discrepancies.
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