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Oil & Gas Conservation Getting a Well Drilled. Week Two September 2, 2010. Eric R. King. Intent to Drill OAC Form 1000. Geologic Mapping. Structure Net Isopach Map. Geological exhibit structure and isopach map. Isopach map. Bonded Operator. Requirements: Operator’s Agreement
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Oil & Gas Conservation Getting a Well Drilled Week Two September 2, 2010 Eric R. King
Geologic Mapping • Structure • Net Isopach Map
Bonded Operator • Requirements: • Operator’s Agreement • OAC 165:10-1-10 • Category “A” Surety • Category “B” Surety • Financial Statement as Surety • OAC 165:10-1-11
Corporate Surety Bond • OAC 165:10-1-12 • Irrevocable Commercial Letter of Credit • OAC 165-10-1-13 • Cashier’s Check, Certificate of Deposit etc. • OAC 165-10-1-14
Eric R. King One Leadership Square, 15th Floor 211 N. Robinson Ave. Oklahoma City, OK 73102 (405) 235-5518