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HomeMy WebLinkAbout880112.tiff • AH21,31428 RESOLUTION RE: APPROVE REQUEST OF WILLIAM G. CREWS, ON BEHALF OF CACHE EXPLORATION, INC. AND CONQUEST OIL COMPANY, TO AMEND LEASE ON SECTION 12 TOWNSHIP 5 NORTH, RANGE 65 WEST OF THE 6TH P.M. , WELD COUNTY, COLORADO en o V ~• 0 WHEREAS, the Board of County Commissioners of Weld County, 0 Colorado, pursuant to Colorado statute and the Weld County Home n Rule Charter, is vested with the authority of administering the o w affairs of Weld County, Colorado, and oa ▪ W WHEREAS, the Board did, by Resolution dated December 11 , 2 1985 , approve an Oil and Gas Lease with Cache Exploration, Inc. o and Conquest Oil Company, covering certain mineral acres located d, a in the Si , Section 12 , Township 5 North, Range 65 West of the 6th P.M. , Weld County, Colorado, and .. w N g aWHEREAS, William G. Crews, on behalf of Cache Exploration, co coo Inc. and Conquest Oil Company, has requested that certain • z amendments be made to said lease, and H N N o a WHEREAS , after study and review, the Board finds that good W cause exists to amend said lease. coo N et G+ M Z NOW, THEREFORE, BE IT RESOLVED by the Board of County c.1 ,4 Commissioners of Weld County, Colorado, that said Oil and Gas • Lease be , and hereby is , amended as follows: u a W 1 . Delete the following from Section 8 (SURRENDER) : "provided v coin that no partial surrender or cancellation of this lease shall be „ No for less than continguous tracts of approximately forty (40) acres or Governmental lot corresponding to a quarter-quarter section; " co w 2 . Delete Section 9 (ASSIGNMENTS) in its entirety and replace with a new section 9 (ASSIGNMENTS) which reads as follows : 9 . ASSIGNMENTS: The rights of Lessor and Lessee hereunder may be assigned in whole or in part. No change in ownership of Lessor' s interest (by assignment or otherwise) shall be binding on Lessee until Lessee has been furnished with notice, consisting of certified copies of all recorded instruments or documents and other information necessary to i f ccoi ee - 880112 Page 2 RE: AMEND LEASE - CACHE EXPLORATION, INC. AND CONQUEST OIL CO. establish a complete chain of record title from Lessor, and o v then only with respect to payment thereafter made. No other N o kind of notice, whether actual or constructive, shall be binding upon Lessee. No present or future division of a Lessor' s ownership as to different portions or parcels of o w said land shall operate to enlarge the obligations or 0 3 diminish the rights of Lessee, and all Lessee' s operations o a may be conducted without regard to any such division. If all `n- q or any part of this lease is assigned, no leasehold owner shall be liable for any act or omission of any other o leasehold owner. as x3 . Delete Section 10 (OVERRIDING ROYALTY) in its entirety. w o 4 . Delete Section 18 (BONDS) in its entirety. o' z N F 5 . Add new Section 13 . 1 which reads as follows : o a 13 . 1 POOLING: Lessee may at any time or times pool any part co w or all of said land and lease or any stratum or strata with • w other lands and leases , stratum or strata in the same field • z so as to constitute a spacing unit to facilitate an orderly N 4 or uniform well-spacing pattern or to comply with any order, rule or regulation of the State or Federal regulatory or u ; conservation agency having jurisdiction. Such pooling shall a be accomplished or terminated by filing of record a declaration of pooling, or declaration of termination of co Ln pooling, and by mailing or tendering a copy to Lessor. Any o unit may include land upon which a well has theretofore been w w completed or upon which operations for drilling have theretofore been commenced. Drilling or reworking operations upon or production from any part of such spacing unit shall be considered for all purposes of this lease as operations or production from this lease. Lessee shall allocate to this lease the proportionate share of production which the acreage in this lease included in any such spacing unit bears to the total acreage in said spacing unit. BE IT FURTHER RESOLVED by the Board that the aforementioned amendments be, and hereby are, retroactive to December 11 , 1985 . 880112 Page 3 RE: AMEND LEASE - CACHE EXPLORATION, INC. AND CONQUEST OIL CO. M O oU 0 Inc) The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 8th day of a A February, A.D., -4988 . 0 3 BOARD OF COUNTY COMMISSIONERS w ATTEST: / W�/� COUNTY, COLORADO 4n- 4 47 9 .R A #.124.1 vYi_ p Weld C nt ecorder o and Cl iz 47B lene R. Brantner, Chairman rx " BY_. C.W. Kirby" , Pro m Weputy lerk co a "" coV APPROVED S TO FORM: J cq ' n son 01z om r �� or on tea c County Attorney N w Fran am guch .rw MZ F4 a 1% kO CO Hl r-I (A W 880112 WILLIAM G. CREWS, CPL OIL AND GAS 1223 28TH AVENUE. SUITE 2 GREELEY COLORADO 80631 [�_ _ - (303)351 0733 GREELE (303)659 7710 DENVER January 25, 1988 t JAN 2 51988 Clerk to the Board of Weld County Commissioners _:._.,_._y Centennial Building 915 10th. Street GLeeley, CO 80631 This is to request a hearing on Wednesday, January 27 at 9:00 a.m. before the Board of Weld County Commissioners for the following: 1. Request amendment, on behalf of The Robert W. Gerrity Company and Snyder Operating Partnership L.P. , of Weld County Oil and Gas Jean dated August 5, 1987 covering portions of the W%, of Section 27, Township 4 North, Range 64 West. ' 2. Request amendment, on behalf of Silverado Oil, Inc. , Cache Exploration, Inc. , and Conquest Oil Company, of Weld County Oil and ('as Jeacc+ dated December 19, 1985 covering portions of the S=, of Sec.Lion 12, Township 5 North, Range 65 West. 3. Request waived-bid paid-up oil and gas leaae from Weld County covering less than two total acres in NW;NW; of Section 5, Township 4 North, Range 65 West (Lots in Herrington's Addition, Town of Jasalle) . This is basically a continuation of a previous request. I will have met with Tom David concerning all three requests prior to the meeting on January 27. Your scheduling of my appearance before the Board will be sincerely appreciated. Cordially, William G. Crews, CPL cc: Thomas David, Esq. County Attorney Weld County WSC/mm 880092 880112 • January 26, 1988 WILLIAM G. CREWS, CPL OIL AND GAS Mr. Tan David 0'23 20TH AVENUE.SUITE 2 County Attorney - _ - GREELEY COLORADO 80831 - LeldCounty - 1301).i5I 0733 GREELEY (303)659 7710 DENVER Centennial Building 910 10th. Street Greeley, CO 80631 near Tom: RE: Oil and rag Tea a dated December 19, 1985 County/Cache Exploration, Inc. and Conquest Oil Company Parts of N'SE' and SE;SW;-Sec. 12-4n-65w Recorded in Book 1199 under Rec. No. 2039432 As shown on the attached plat, the parcel covered by the captioned lease is irregular and does not cover, by itself, one legal spacing unit. Conquest and Cache pooled the lea a with other leases to form a unit for Codell and Niobrara production consisting of the N=,SE's of SeLLion 12. They then each assigned all of their interest as to the NW;SE; to CEI Law #1-85 Joint Venture and as to the NENSE1/2 to Conquest 85, Ltd. By other assignments, Conquest Oil Company now owns the lease as to the SENSW;, and Silverado Oil, Inc. owns the NW`,NE`,. Conquest and Silverado Oil, Inc. have pooled the E;SW; to form a Codell/Niobrara unit. The lease also covers only a right-of-way in the SE;SW; and as such may not cover a valid mineral interest. In looking at the County lease, pooling with other leases as to that part in the SE',SW; (if indeed the lease covers a valid mineral interest) , or a release (if not valid) are not Tensible without a lease amendment. The rights to release or assign less than a 40-acre tract are expressly prohibited. Also, the County lease is not an "unless" lease. The lease requires a rental even if production ensues, and does not forfeit if a rental is not paid or is not timely paid. The rental should be payable until the lease is drilled, but not thereafter. Additionally, a bond might be necessary if the EllSW' were first pooled and a well then drilled on the lands. Once pooled, operations on any lands within the pooled area are operations on lands covered by the County lease, and it would seem that the bond requirement, although not intended to be applicable, world apply. Another onerous clause is that dealing with shut-in gas royalty. It calls for a minimum shut-in gas royalty of $240, not proporationately reduced. If any existing or subsequent well in either the NOSE' or El5SW$ were shut-in, the lessee would be liable for $240 per year on total acreage of approximately 4 acres. . .an average of $60 per acre or sixty times the normal rate. To solve these problems, I suggest that the Commissioners pans a resolution, applicable to any lease on this form (Rev. 2/85) along the lines of the proposed resolution attached to this letter. 880112 January 26, 1988 Tom David Page 2 Once adopted, a copy of such resolution mould be sent to each operator requesting, for example, approval of an assignment, and the operator would need take no further action, thus sparing the County the time and expense of amending each lease as a similar problem aricco. P1Pawn let me know if any additional information is . needed. The Commissioners' consideration of such a resolution will be sincerely appreciated. Cordially, William G. Crews, CPL Agent for Conquest Oil Company, Cache Exploration, Inc. and Silverado Oil, Inc. WGC/mm 880112 RESOLUTION RE: APPROVE REQUEST OF WILLIAM G. CREWS TO AMEND ALL WELD COUNTY OIL AND GAS - LEASES ON FORM (REV. 2/85) WHEREAS, the Board of County Commissioner 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, the above cited lea form contains cla»^r" which are inapplicable to situations when a Weld County leap covers more or less than one single spacing unit, or which cause lec nn unnecessary problems as a result of such claim= which are not deemed to be in the best interest of both lessor and 1Pacee, and WHEREAS, after review, the Board of County Commissioners found that good cause exists for amending all Weld County oil and gas lnas'3s on form (Rev. 2/85) . NOW, THEREFORE, BE IT RESOLVED by the Board of Weld County Conanissioners that the following amendments be, and are hereby, approved as to all such Weld County oil and gas lPa : 1. Add the following to unnumbered paragraph two, which begins "SEAS, said IPtgae has applied to Lessor for an oil and gas lease. . . ,": " Such annual rental shall not be due for any year during which Tea-PP shall have commenced a well on the lands covered by this 1Paae, or on lands pooled therewith, and shall not be due during the time any well is producing (including shut-in wells) upon lands covered hereby or lands pooled therewith". 2. Delete the following from Section 8 (SURRENDER) : "provided that no partial surrender or cancellation of this lease shall be for less than contiguous tracts of approximately forty (40) acres or Governmental lot correapunding to a quarter-quarter section;" 3. Delete SeuLion 9 (ASSIGNMENTS) in its entirety and replace with a new Section 9 (ASSIGNMENTS) which reads as follows: 9. ASSIGNMENTS. The rights of Lessor and Lessee hereunder may be assigned in whole or in part. No change in ownership of Lessor's interest (by assignment or otherwise) shall be binding on Lessee until TPCSPP has been furnished with notice, consisting of certified copies of all recorded instruments or documents and other information necessary to establish a catplete dhain of record title from Lessor, and then only with respect to payment thereafter made. No other kind of notice, whether actual or constructive, shall be binding upon IPc- PP. No present or future division of Lessor's ownership as to different portions or parcels of said lard shall operate to enlarge the obligations or diminish the rights of In no, and all IPccna's operations may be conducted without regard to any such division. If all or any part of this lease is assigned, no leasehold owner shall be liable for any act or omission of any other leasehold owner. 4. Delete Section 10 (OVERRIDING ROYALTY) in its entirety. 880112 y. Delete the following fran Section 15 (SHUT-IN WELLS) : "in addition to the annual rental." 6'. Delete the following sentence from Section 15 (SHUT-IN WELLS) : "The minimum amount of such shut-in royalty Shall be $240". 7. Delete Section 18 (BONDS) in its entirety. 8. Renumber Section 13 (UNITIZATION7NITIZATION) as Section 13.2. 9. Add new Section 13.1 which reads as follows: 13.1 POOLING. 7eccee may at any time or times pool any part or all of said lard and lease or any stratum or strata with other lands and leap, stratum or strata in the same field so as to constitute a spacing unit to facilitate an orderly or uniform well-spacing pattern or to comply with any order, rule or regulation of the State or Federal regulatory or conservation agency having jurisdiction. Such pooling shall be accomplished or terminated by filing of record a declaration of pooling, or declaration of termination of pooling, and by mailing or tendering a copy to Lessor. Any unit may include land upon which a well has theretofore been completed or upon which operations for drilling have theretofore been commenced. Drilling or reworking operations upon or production fran any part of such spacing unit shall be considered for all purposes of this lease as operations or production fran this linage. Teasee shall allocate to this leases the proportionate share of production which the acreage in this learn included in any such spacing unit bears to the total acreage in said spacing unit. All amendments above described shall be retroactive to the effective date of each involved lease. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the _ day of January, 1988. 880112 . REESE ENGINEERING Job_CREWS= LAW --__ _ Job No. 1986-44 Date MAR. 181_1986 Legal Description -- 14._1L2—S EJ/4 Section -- -- 12 _Township _ 5 N _Range 65W ACREAGE___ALLOCATION SCALE FOR QUARTER SECTION 400 Ft=I inch :TR. S.88°02'09" E N 2690.82' E.1/4C, COR. / 12-5- 3.62± AC. m b m M 'n M N. 1/2 S E. 1/4 TOTAL = 1.22± AC. aN + LAW PARCEL = 77.60± AC, in N N o N 8 0 O Z cc :ii ____________XE W I N.88°02'15"W 2690. I ,\ I .4 • Ct G' V A n` ` L 1 _ - - --IL S.E. CC 9. 1/4 COR. S SCALE FOR QUARTER QUARTER SECTION 8801.12 *nn w .--_i ,n,ti Hello