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STATE OF UTAH DEPARTMENT OF NATURAL RESOURCESDIVISION OF OIL, GAS AND MINING & P WASTE FACILITY QUARTERLY REPORT 1. TYPE OF FACILITY:COMMERCIALNONCOMMERCIALLAND FARMEVAPORATION PITSEMERGENCY PITOTHER2.

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How to fill out division of oil gas

01

Gather all necessary documentation such as lease agreements, production reports, division orders, and ownership records.

02

Calculate the decimal interest for each party involved in the division using the formula provided in the lease agreement or by consulting with a landman.

03

Determine the royalty interest for each party based on the terms of the lease agreement or ownership records.

04

Prepare a division order document that outlines the details of the division of oil and gas production including the decimal interest and royalty interest for each party.

05

Obtain signatures from all relevant parties on the division order document and submit it to the operator of the oil and gas well.

Who needs division of oil gas?

01

Landowners who have leased their land for oil and gas production

02

Mineral rights owners who receive royalties from oil and gas production

03

Operators of oil and gas wells who need to accurately distribute production revenues among multiple parties

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What is division of oil gas?

Division of oil gas refers to the process of dividing ownership interests and royalties in oil and gas properties.

Who is required to file division of oil gas?

Any party who has ownership interests in oil and gas properties is required to file division of oil gas.

How to fill out division of oil gas?

Division of oil gas can be filled out by providing detailed information about the ownership interests, royalties, and any relevant agreements.

What is the purpose of division of oil gas?

The purpose of division of oil gas is to accurately allocate ownership interests and royalties among the parties involved in oil and gas properties.

What information must be reported on division of oil gas?

The division of oil gas must include information about the legal description of the property, ownership interests, royalties, and any relevant agreements.

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