HomeMy WebLinkAbout730002.tiff SIGN AMENDMENT TO OIL AND GAS
LEASE #559
RANGE 67, TOWNSHIP 2 NORTH SECTION 26(NEa)
SECTION 31 :
BE IT RESOLVED, by the Board of County Commissioners
of Weld County, Colorado, that they hereby sing an amendment to
an oil and gas lease dated April 29, 1970, (LHR 542) on the
following described parcel of lands:
Township 2 North, Range 67
Section 26: NEa
Section 31 : The North 40' of the South 340' of NWa
The above and foregoing resolution, was on motion
duly made and seconded, adopted by the following vote:
AYES: yy et,/ ,
!I LCC;i� I Cpl,)i, •;
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.-14
THE & AR F TY-COMMISSIMIE;5
WELD COUNTY, COLORADO
DATED: October 17, 1973
730002
AMENDMENT TO OIL AND GAS LEASE
WHEREAS, under date of 29th day of April, 1970, Weld County, Colorado,
Commissioners
a political Subdivision of The State of Colorado, by The Board of County / as
Lessor, executed and delivered to Leland S. Vance as
Lessee, that certain Oil and Gas Lease covering the following described land in
Weld _ County, State of Colorado ,to-wit:
Township 2 North, Rank_ 67 Wes_ t
Section 26: NE/4 , V
Section 31: The North 40' of the South 340' of NW/4
WHEREAS, Amoco Production Company is now the owner and holder of said
Lease and all rights thereunder; and,
WHEREAS, the parties hereto desire to amend the terms of the above de-
scribed Oil and Gas Lease to allow the combination of the :lands covered by said
Lease with other lands when such combination is necessary or desirable in order
to properly develop and operate said lands.
NOW, THEREFORE, in consideration of the premises and of the mutual
advantages to be gained thereby, the parties hereto do hereby amend the above
described Oil and Gas Lease by the addition of the following paragraph to the
terms and provisions of said Lease in lieu of Paragraph 13 of Said Lease:
"In the interest of conservation, Lessee, at its option, is hereby
given the right and power to pool or combine the land covered by this lease,
or any portion thereof, as to oil and gas, or either of them, with any other
land, lease, or leases when in Lessee's judgment it is necessary or advisable
to do so in order to properly develop and operate said premises, such pooling
to be into a well unit or units not exceeding eighty (80) acres, plod an acre-
age tolerance of ten per cent (10%) of eighty (80) acres, for oil, and not
exceeding six hundred forty (640) acres, plus an acreage tolerance of ten per
cent (10%) of six hundred forty acres, for gas, except that: larger units may
«rtA'a
may be created to conform to any spacing or well unit pattern that may be pre-
scribed by governmental authorities having jurisdiction. Lessee may pool or
combine acreage covered by this Lease, or any portion thereof, as above provided,
as to oil or gas in any one or more strata, and units so formed need not con-
form in size or area with the unit or units into which the Lease is pooled or
combined as to any other stratum or strata, and oil units need not conform as
to area with gas units. The pooling in one or more instances shall not exhaust
the rights of the Lessee hereunder to pool this Lease or portions thereof into
other units. Lessee shall execute in writing and place of record an instrument
or instruments identifying and describing the pooled acreage. The entire acre-
age so pooled into a unit shall be treated for all purposes except the payment
of royalties as if it were included in this Lease, and drilling or reworking
operations thereon or production of oil or gas therefrom, or the completion
thereon of a well as a shut-in gas well, shall be considered for all purposes,
except the payment of royalties, as if such operations were on or such produc-
tion were from or such completion were on the land covered by this Lease, whether
or not the well or wells be located on the premises covered by this Lease. In
lieu of the royalties elsewhere herein specified, Lessor shall receive from a
unit so formed, only such portion of the royalty stipulated herein as the amount
of its acreage placed in the unit or its royalty interest therein bears to the
total acreage so pooled in the particular unit involved. Should any unit as
originally created hereunder contain less than the maximum number of acres here-
inabove specified, then Lessee may at any time thereafter, whether before or
after production is obtained on the unit, enlarge such unit by adding additional
acreage thereto, but the enlarged unit shall in no event exceed the acreage con-
tent hereinabove specified. In the event an existing unit: is so enlarged, Lessee
shall execute and place of record a supplemental declaration of unitization iden-
tifying and describing the land added to the existing unit:; provided, that if such
supplemental delcaration of unitization is not filed until after production is
obtained on the unit as originally created, then and in such event the supple-
mental declaration of unitization shall not become effective until the first day
of the calendar month next following the filing thereof. In the absence of pro-
duction Lessee may terminate any unitized area by filing a record notice of ter-
mination."
2
IT IS further agreed that said Lease as amended hereby is in full
force and effect in all of its terms and provisions, and is hereby ratified
and confirmed 1)y the parties hereto.
THIS instrument shall be binding upon and inure to the benefit of
the parties hereto, their respective heirs, devisees, successors, assigns,
and personal representatives.
IN WITNESS WHEREOF, this instrument is executed as of this 17th
day of SArFf7,713 r--October , 197 g .
APPROVED:IS TO FO AMOCO PRODUCTION COMPANY
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. aunty Atorn6
By Ai' LI r 4- --
Agent
WELD COUNTY, COLORADt', A POLITICAL
SUBDIVISION OF THE STAIL Or COLORADC,
BY THE: BOA.RI► OF COUNTY COWISSIONEP'S
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ATTEST: 11)1,62V-L- i't il/ X-e-alt-/-' )
/By ar144f2VA1"91'"/ 0.' .. ) , r //
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%i/--04n -- Deputy Counr'y x �/ ,, --_
_ Colorado ) i_fi--_'%-t �--. . i- .:�r G:
STATE OF C
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COUNTY OF Weld )
The foregoing instrument was acknowledged before me this 17th day
of October , 197 3 , by Glenn K. Billings, Barry S. Ashley, and
Roy Moser, County Commissioners of Weld County, Colorado.
2
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Notary P lic
My Commission expires
My Commission expires Jan. 26, 1976
`Tr
AMOCO Amoco Production Company T.S.Yancey
_'- Division Landman
Security Life Building d Neely
L. u Neely Claud Denver,Colorado 80202
Brady
P. B.Abbey
Exploration Department District Lenamen
Septmeber 24, 1973
44-11.1,741
/
Re: Lease No. 600749 51'
Weld County
Colorado
The Board of County Commissioners
Weld County Court House
9 Avenue and 9 Street
Greeley, Colorado
Gentlemen:
Amoco Production Company is now the Lessee under the Oil and Gas Lease
as set forth in the attached amendment. The Lease provides for pooling
in the event of Gas Production, but does not provide for pooling for oil.
Therefore, we would greatly appreciate your executing the attached amendment,
so that in the event of oil production on these lands, Amoco can then comply
with the spacing and pooling provisions set forth by the Colorado State
Oil and Gas Commission.
Please execute and return the original amendment to this office.
Yours very truly,
AMOCO PRODUCTION COMPANY
P. B . Abbey
District Landman
Bre <<
William R: Francis
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SEP 26 `' - ,i,
• GRELLEY. GOL<O.
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