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HomeMy WebLinkAbout20242520.tiffChevron September 12, 2024 Via Certified Mail #7022 2410 0001 4961 0731 Weld County CO Board of County Commissioners PO Box 758 Greeley, CO 80632 RECEIVED SEP 16 2024 WELD COUNTY COMMISSIONERS RE: Designation of Test Well Drill Block, pursuant to the West Pony Unit Agreement, dated April 19, 2021. Dear Weld County Colorado: Noble Energy, Inc. ("Noble") is providing you with this Drill Block Notice (the "Notice"), pursuant to the West Pony Unit Agreement, dated April 19, 2021 (the "UA" or "Unit Agreement"). The West Pony State Unit was established by the Colorado Energy and Carbon Management Commission ("ECMC") on July 14, 2021, pursuant to Order No. 535-1352 (the "Order"), effective July 14, 2021. Order No. 535-1352 incorporated the terms of the UA by reference. Pursuant to Section 13 of the Unit Agreement, Noble, as the Unit Operator, has authority to establish Drill Blocks in the West Pony State Unit Area. Section 11 of the Unit Agreement mandated the drilling of a Test Well within the Unit Area within one year of the Unit Agreement's effective date, and required Noble, as Unit Operator, to continue drilling one well at a time, allowing not more than 8 months between completion of one well and commencement of drilling operations for the next well, until a well capable of producing in paying quantities is completed. Section 11 does not require the establishment of a Drill Block for purposes of the initial test well(s) prior to drilling. On or about May 22, 2022, Noble spud the Kummer LE23-668 Well (API No. 05-123- 36941) ("Test Well"). The Test Well is entirely within and producing from Section 23, Township 8 North, Range 61 West, 6th P.M. Since first production, the Test Well has produced in paying quantities. Accordingly, the terms of Section 11 of the Unit Agreement were satisfied and no additional drilling to discovery was required. Weld County is the sole mineral owner and Noble the sole working interest owner within Section 23, Township 8 North, Range 61 West, 6th P.M. Pursuant to the terms of the relevant lease and Unit Agreement, Noble has distributed royalties on production from the Test Well to Weld County since first production on a 640 -acre basis without objection. By the terms of the Unit Agreement, Noble is providing this Notice formalizing the designation of the Test Well Drill Block pursuant to the terms of the Unit Agreement. The Test Well Drill Block is established as follows: coMMUn . G0.-(- S oq /23 /24 Chevron Rockies Business Unit 1099 18th Street, Suite 1500 Denver, Colorado 80202 2024-2520 l.a,aaSa Weld County CO, Board of County Commissioners Page 2 September 12, 2024 Test Well Drill Block Township 8 North, Range 61 West, 6th P.M. Section 23: All 640 -acres, more or less, Weld County, Colorado Although not explicitly required by the terms of the UA, the purpose of this letter is to formalize the designation of the Test Well Drill Block, and to confirm that royalties will continue to be paid according to the terms of the relevant lease and Unit Agreement. No action is required on your part. Should you have any questions or concerns regarding this designation, please contact me. Sincerely, Brant Douglass Land Representative brant.douglass@chevron.com 303-228-4210 Hello