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HomeMy WebLinkAbout880793.tiff rf RESOLUTION RE: APPROVE OIL AND GAS DIVISION ORDER FROM AMOCO PRODUCTION COMPANY, P.O. BOX 591 , TULSA, OKLAHOMA 74102 , AND AUTHORIZE CHAIRMAN TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County, Colorado, is the holder of a certain lease with W.G. Van Bebber, and WHEREAS, said lease covers land more particularly described as follows: Township 5 North, Range 66 West, 6th P.M. Section 35 : NE*NW* Weld County, Colorado WHEREAS, Amoco Production Company has submitted an Oil and Gas Division Order on the subject property, and WHEREAS, Weld County is entitled to a one-eighth royalty interest on production, and WHEREAS, in order to receive said royalty interest, Weld County must execute said Division Order, a copy of which is attached hereto and incorporated herein by reference, and WHEREAS, said Division Order has been reviewed by the Weld County Attorney, Thomas O. David, and found to be in order, and WHEREAS, the Board deems it advisable to approve said Division Order on the parcel of land described herein. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Oil and Gas Division Order as submitted by Amoco Production Company, P.O. Box 591 , Tulsa, Oklahoma 74102 , on the hereinabove described parcel of land be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said Division Order. f vl . . / 880793 Page 2 RE: DIVISION ORDER - AMOCO (35-5-66) The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 3rd day of August, A.D. , 1988 . BOARD OF COUNTY COMMISSIONERS ATTEST: cicuel&rtj WELD UNTY,, COLORADO Weld County Clerk and Recorder �jZoo'/l and Clerk to the Board enee/JR. Brantner, Chairman zli`BY ��cyyc� ¢� c�cBJ C.W. K , Pr*Tem Deputy County lerk EXCUSED DATE OF SIGNING - AYE APPROVED AS TO FORM: Jacguel ' ns n Go . cr. County Attorney EXCUSED DATE OF SIGNING - AYE Frank Yamaguchi 880793 Amoco Production Company • �L. Oil and Gas Division Order Page AR2150390 I AR2150390 07-23-58 Effective At 7 A.M. '114--.1!..- Property Name Royalty/Product r^'"Ir1 r.7 kf h'• '.' LPN Operator I.K rXnL'ZOA7t ^"t T Field r^ '1'71.-1-1 t, Property No. 010552 00 3 State County/Parish •I.(1 (FLAC) 00 05 000 Description of Property Special Notes NF Business Associate - Number Name Type Decimal Int. Interest 765255 00 5 WELT) COUNTY COLORADO 04 .00255471 (/1 n^AQn IF rl,PITV r14A.MTSSTf P.)CRS IoW H H Ui• ‘4O O w .A gig . • O ,bN zH zut O tTi Co tTj I-3 OD tt!-. H o z � r) co t-+ co PI x• H O sr. .. zw rr,YOUR 0 to C4P'Y r � o• ff n o �Q Q O N 88079 Type Interest Legend: Form 899 Jan•85 01 =Working Interest 02 =Overriding Royalty 03 = Production Payment 04 = Royalty Interest Oil and Gas Division Order To: Amoco Production Company P.O. Box 591, Tulsa, Oklahoma 74102 • Each of the undersigned OWNERS guarantees and warrants he is the owner of the interest set out opposite his name on the reverse side hereof in oil and gas or the proceeds from the sale of oil and gas from the property described on the reverse side hereof,and until further written notice either from you or from us,the undersigned owner and all other parties executing this instrument hereby authorize you,your successors or assigns to receive and measure such sales in accordance with applicable governmental rules and regulations and to give credit as set forth on the reverse side hereof. The following covenants are parts of this instrument and shall be binding on the undersigned,their successors, legal representatives,and assigns: Oil: Oil sold hereunder shall be delivered f.o.b.to the carrier designated to gather and receive such oil,and shall become your property upon receipt thereof by the carrier designated by you or by any other purchaser to whom you may resell such oil. The term "oil"as used in this division order shall include all marketable liquid hydrocarbons. Should the oil produced from the herein described land be commingled with oil produced from one or more other separately owned tracts of land prior to delivery to the designated carrier,the commingled oil sold hereunder shall be deemed to be the interest of the undersigned in that portion of the total commingled oil delivered which is allocated to the herein described land on the basis of lease meter readings or any other method generally accepted in the industry as an equitable basis for determining the quantity and quality of oil sold from each separately owned tract.Such formula shall be uniformly applied to all owners of an interest in the tracts of land involved. Should the interest of the undersigned in the oil produced from the herein described land be unitized with oil produced from one or more other tracts of land, this instrument shall thereafter be deemed to be modified to the extent necessary to conform with the applicable unitization agreement or plan of unitization,and all revisions or amendments thereto,but otherwise to remain in force and effect as to all other provisions. In such event,the portion of the unitized oil sold hereunder shall be the interest of the undersigned in that portion of the total unitized oil delivered which is allocated to the herein described land and shall be deemed for all purposes to have been actually produced from said land. You agree to pay for the oil sold hereunder at the price posted by you for oil of the same grade and gravity in the same producing field or area on the date said oilis received by you or the designated carrier. If you do not currently post such a price, then until such time as you do so, you agree to pay the price established by you.You are authorized to reduce the price by those truck, barge, tankcar, or pipe line transportation charge as determined by you. Should the oil sold hereunder be resold by you to another purchaser accepting delivery thereof at the same point at which you take title,you agree to pay for such oil based upon the volume computation made by such purchaser and at the price received by you for such oil, reduced by any transportation charges deducted by such purchaser. Quality and quantity shall be determined in accordance with the conditions specified in the price posting.You may refuse to receive any oil not considered merchantable by you. Gas: Settlements for gas shall be based on the net proceeds realized from the sale thereof,after deduction a fair and reasonable charge for compressing and making it merchantable and for transporting if the gas is sold off the property. Where gas is sold subject to regulation by the Federal Power Commission or other governmental authority,the price applicable to such sale approved by order of 't W such authority shall be used to determine the net proceeds realized from the sale. Settlements: Settlements shall be made monthly by check mailed to the respective parties according to the division of interest herein N specified at the latest address known by you, less any taxes required by law to be deducted and paid by you applicable to owner's l0 0 interest. A P Evidence of Title:The oil and gas lease or leases,and any amendents,ratifications,or corrections thereof, under which said gas and/or oil is produced are hereby adopted, ratified, and confirmed as herein and heretofore amended. In the event any dispute or question '1 arises concerning the title to the interest of the undersigned in said land and/or the oil or gas produced therefrom or the proceeds ',ii n thereof, you will be furnished satisfactory abstracts or other evidence of title upon demand. Until such evidence of title has been i<furnished and/or such dispute,defect,or question of title is corrected or removed to your satisfaction,or until indemnity satisfactory O to you has been furnished,you are authorized to withhold the proceeds of such oil or gas received and run,without interest. In the z 'N+ event any action or suit is filed in any court affecting the title to the interest of the undersigned in the herein described land or the 7, tit oil or gas produced therefrom or the proceeds thereof to which the undersigned is a party,written notice of the filling of such suit or O action shall be immediately furnished you by the undersigned,stating the court in which the same is filed and the title of such suit or h]action. You will not be responsible for any change of ownership in the absence of actual notice and satisfactory proof thereof. oW Contingent Interests:Whether or not any contingency is expressly stated in this instrument,you are hereby relieved of any responsibility for P1 determining when any of the interests herein shall increase,diminish,terminate,be extinguished or revert to other parties as a result :V of the completion or discharge of money or other payments from said interest, or as a result of the expiration of any time or term O limitation (either definite or indefinite),and,unless you are also the operator of the property,as a result of an increase or decrease in production,or as a result of a change in the depth,the methods or the means of production,or as a result of a change in the allocation H O of production affecting the herein described land or any portion thereof under any agreement or by order of Governmental authority, 7+and until you receive notice in writing to the contrary,you are hereby authorized to continue to remit without liability pursuant to the division of interest shown herein. n Co Warranties: Working Interest Owners and/or Operators, and each of them, by signature to this instrument,certify, t� for your benefit and that of any toloil or gas guarantee and warrant, LrJ ed here- under has been and shall be produced from or lawfully al allocated to herein descrun or ribed laort nnd in a oil ccordance with all applicable r Federal, x' F' state and local laws, orders, rules and regulations. This instrument may be executed by one or more,but all covenants herein shall be binding upon any party executing same and upon W his heirs, devisees, successors, and assigns irrespective of whether other parties have executed this instrument. ',b 1/40 n O ATTEST: BOARD OF COUNTY COMMISSIONERS x10 WELD Y, COLORADO o • 4 915 10th Street • 'witne6s ;Igoe iti, Name P.O. BOX 758 �.` airma Street or Box No. B 84-6000813 Greeley, CO 80632 O N Social Security eP ty`- u ty Clerl (or Tax ID)Number City.State.Zip O no Witness of Signature Name Street or Box No. O N Social Security or Tax ID)Number City.State,Zip Witness of Signature Name Street or Box No. N Social Security or Tax ID)Number City,State,Zip 6 N R 840,793 Hello