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HomeMy WebLinkAbout760433.tiff COMMINGLING AGREEMENT KNOW ALL MEN BY THESE PRESENTS, THAT: WHEREAS, Amoco Production Company, a corporation, with an office in Denver, Colorado, hereinafter called "Amoco" , is the owner and the operator of oil and gas leases covering the following described tracts of land, to-wit: TRACT NO. 1: Weld County "B" Unit Township 2 North, Range 67 West Section 26: N/2 NE/4 TRACT NO. 2: Weld County "C" Township 2 North, Range 67 West Section 26: S/2 NE/4 said tracts of land being situated in Weld County, State of Colorado; and, WHEREAS, Amoco desires to commingle crude oil produced from a well or wells located on either of said tracts with crude oil produced from a well or wells located on the other of said tracts; and, WHEREAS, the undersigned (whether one or more) has no objection to the commingling of production, as aforesaid, but wishes to agree upon a method of determining the amount of crude oil produced from each of said tracts of land and the various wells now located or that may hereafter be located thereon. NOW, THEREFORE, in consideration of the premises and of the sum of One Dollar and other good and valuable consideration paid to the undersigned by said Amoco, the receipt and sufficiency of which is hereby acknowledged, the undersigned (whether one or more) does hereby agree that Amoco, its successors and assigns, may commingle crude oil produced from any and all wells now or hereafter located upon the tracts of land above described; and does further agree that in the event production is commingled, as aforesaid, the 760433 </ , Area Superintendent of Amoco, or his authorized representative, shall estimate the production from each of the wells on said tracts of land by periodic well tests; that during the period of each of such tests, each well wi.l.l be produced separately and the production percentage shown thereby will be the basis upon which the monthly production from each well and each lease will be determined; and, that monthly payment of royalties shall be made upon such determinations. This agreement may be executed in counterpart and shall be binding upon the undersigned, and upon the undersigned' s heirs, successors and assigns, regardless of whether it be executed by all owners of production from the lands above described. EXECUTED this ' day of /lion I , 1976. 13711-44 Counc y c' �e STATE OF C /orado ) : ss. COUNTY OF /.(/e /o/ ) Thq foregoing instrument was acknowledged before me this day of /1/Jr/ _, 1976, by WITNESS my hand and official seal. � Notary Publi (� My Commission expires: ,e-4, /�1O STATE OF ) ss. COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 1976, by WITNESS my hand and official seal. Notary Public My Commission expires: FJ:tt 3/16/76 •1 AMOCO Amoco Production Company M. S.Kraemer Division Production Security Life Building Manager Denver, Colorado 80202 A. M.Roney Division Operations superintendent T M Curtis March 16 , 1976 D D.Gilliam Production Coordination superintendents Weld County Colorado c/o Board of County Commissioners P. O. Box 758 Greeley, Colorado 80631 Lupton Meadows Ditch Company 300 Denver Avenue Fort Lupton, Colorado 80621 File: WGL-688-993 Gentlemen: Agreement for Commingling of Production Weld County B Unit and Weld County C Lease We are enclosing herewith for each of you, two copies of a Commingling Agreement for your approval covering production from the Weld County "B" Unit and "C" Lease. You are listed on our records as royalty interest owners in these two tracts. We desire to commingle the production from these two wells into one battery and allocate the production on the basis of periodic well tests as provided in the agreement. Since the leases are adjoining it makes an economic advantage from our standpoint and yours to commingle the production through one tank battery. Commingling will result in reduced operating costs thereby extending the economic limit of these leases through higher ultimate oil recovery. This benefits both the Royalty Interest Owners and the Working Interest Owners . We will appreciate your early consideration and approval of the attached agreement. Kindly have your signature notarized and return an executed copy to us. Sincerely, ' 9/.9 G FWJ/keb 3231 Attachment cc : M. C. Gillis - Montbello 0• AMOCO Amoco Production Company M.s. Kraemer Divieia Production Security Life Budding manager Denver,Colorado 80202 A.M. Roney Division Operations Superintendent T.M.Curtis D. D.Gilliam Production coordiwton Superintendents May 3 , 1976 Weld County, Colorado c/o Board of County Commissioners P. O. Box 758 Greeley, Colorado 80631 Lupton Meadows Ditch Company 300 Denver Avenue Ft. Lupton, Colorado 80621 File: WGL-1103-993 Gentlemen: Agreement for Commingling of Production Weld County B Unit and Weld County C Lease Our letter of March 16 , 1976 , File : WGL-688-993 transmitted copies of a proposed Commingling Agreement for your approval and return. Please provide us with the approved instrument or advise if there is some problem necessitating further delay. Sincerely, i /1 , a _ ii1A-z1„,t 1, FWJ/keb 5377 cc: M. C. Gillis - Montbello Zeta, -6 117 k X F ei f > 6 r /4) Hello