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Before the Oil Conservation Division Examiner Hearing July 20, 2017 Case No. 15747 and 15748 Stabbing 19 Federal No. 13 3H Well AND Stabbing 19 Fed Com. No. 13 4H Well Eddy County. NewMexico% matador RESOURCES
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Oil and gas companies involved in joint operations or the sharing of hydrocarbon resources.
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A communitization agreement online is a formal arrangement that allows multiple parties to collectively manage and share the production of oil and gas resources from a common area, typically required in the oil and gas industry to streamline the management process and ensure equitable distribution of resources.
Parties that hold interests in the oil and gas resources of a designated area, including operators and mineral rights holders, are required to file a communitization agreement online.
To fill out a communitization agreement online, you need to access the appropriate government website, provide relevant details about the property and ownership interests, include the legal descriptions, and submit electronic signatures as required.
The purpose of a communitization agreement online is to facilitate efficient joint operation of mineral resources, ensuring that all parties involved can access and share production from the collective resources while reducing administrative barriers.
Information that must be reported includes the legal description of the land, names and addresses of the parties involved, percentage interests of each party, the effective date of the agreement, and any other contractual obligations.
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