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HomeMy WebLinkAbout940597.tiff RESOLUTION RE: APPROVE OIL AND GAS DIVISION ORDER TO AMOCO PRODUCTION COMPANY 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, has received an Oil and Gas Division Order to Amoco Production Company, P.O. Box 591, Tulsa, Oklahoma 74102, and WHEREAS, said Division Order covers land more particularly described as follows: Township 1 North, Range 66 West, 6th P.M. Section 19: El Weld County, Colorado 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 a member of the Weld County Attorney's staff 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 to Amoco Production Company 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. 940597 /:EO l/D DIVISION ORDER - Ei 519, T1N, R66W PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 20th day of June, A.D. , 1994. BOARD OF COUNTY COMMISSIONERS ATTEST: Ladd? WELD COUNTY, CO ORADO Weld County Clerk to the Board d� bid -2 (� W s er, C airman BY: m, i g ,A__) --)1 Deputy erk to the Board e H , ro- em APPROVED AS TO FORM: / cam.- l, r. Xtr . George Baxter 177 1- `1f11� � iL�ti14, ounty for ey Constance L. Harbert L /' B a J. �!. /rf 9P��' arbara J. Kirk yer o 940597 A {2395 382 `Ta. \I jam 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 recanted 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 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 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 interest. 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 arises concerning the title to the interest of the undersigned in said land and/or the oil or gas produced therefrom or the proceeds thereof, you will be furnished satisfactory abstracts or other evidence of title upon demand. Until such evidence of title has been furnished and/or such dispute,defect,or question of title is corrected or removed to your satisfaction,or until indemnity satisfactory to you has been furnished,you are authorized to withhold the proceeds of such oil or gas received and run, without interest. In the 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 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 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 action. You will not be responsible for any change of ownership in the absence of actual notice and satisfactory proof thereof. Contingent Interests:Whether or not any contingency is expressly stated in this instrument,you are hereby relieved of any responsibility for determining when any of the interests herein shall increase,diminish,terminate,be extinguished or revert to other parties as a result 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 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 of production affecting the herein described land or any portion thereof under any agreement or by order of Governmental authority, 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. Warranties:Working Interest Owners and/or Operators,and each of them, by signature to this instrument,certify,guarantee and warrant, for your benefit and that of any pipe line or other carrier designated to run or transport said oil or gas,that all oil or gas tendered here- under has been and shall be produced from or lawfully allocated to the herein described land in accordance with all applicable Federal, 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 his heirs, devisees, successors;;and assigns irrespective of whether other parties have executed this instrument. ATTEST: Li) / BY: / PO Box 758 r o e o Name er, a n Obeet or Box No. Board of County Commissioners ' Greeley, CO 80632 84-6000-813 Ya Social Security for Tax ID)Number City,State,Zip Witness of Signature Name Street or Box No. Social Security for Tax ID)Number City,State,Zip Witness of Signature Name Street or Box No, Snuxl Smiiam t,.r Ta.im u,,...n.. ,...., e..._ -,:_ B 1448 REC 02395382 06/29/94 15: 14 $0 . 00 1/002 F 1708 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO e(: 9, 940597 «_ f )co Production Company Amoco Oil and Gas Division Order ZLJM14 Page 1 06/09/1994 Effective at 7 A.M. 05/01/1994 -- PLUS ALL SUMS ACCRUED Property Name WATADA RED UNIT /ORI/ Product CONDENSATE Operator GERRITY OIL AND GAS CORPORATION LPN 687407--1 Field NOT FOUND Property/DOI 8292100 00001 State CO County/Parish WELD Description of Property E/2 SEC 19-1N-66W WELD COUNTY COLORADO WATADA WW 19-4D Special Notes AMOCO WILL DISTRIBUTE REVENUE FOR CONDENSATE. KN GERRITY CDP *38 - FLAC 019804 IS WATADA GAS. Business Associate Type Int Decimal Number Name Int Seq Interest 577226 00 BOARD OF COUNTY COMMISSIONERS RI 01 .00071020 B 1448 REC 02395382 06/29/94 15 : 14 $0 . 00 2/002 F 1709 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO J' 73 Type Interest Legend: NI Working Interest OR = Overriding Royalty PP = Production Payment RI - Royelity Interest 'J ORM 8002 DEC-93 9'40597 Hello