Form Ogb-3 - Bond (Single Well) - State Oil And Gas Board Of Alabama
Download a blank fillable Form Ogb-3 - Bond (Single Well) - State Oil And Gas Board Of Alabama in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Ogb-3 - Bond (Single Well) - State Oil And Gas Board Of Alabama with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1STATE OIL AND GAS BOARD OF ALABAMA
OGB-3
Bond (Single Well)
01
-
-
-
-
_________________________________________
____________________________________________
Permit Number
API Number
(To be filled in by Board)
Form OGB-3, Rev. 07/13
____________________________
Surety Bond Number
Know All Men By These Presents, That l/we ___________________________________________________________________
_____________________________________________________________________________________________ , as principal(s),
and _______________________________________________________________________________________________________
__________________________________________ , as surety, are held hereby and firmly bound unto the State of Alabama in the
penal sum of ________________________________________ Thousand Dollars ($ ___________________________) lawful
money of the United States, for the faithful payment of which we hereby bind ourselves, our heirs, executors, administrators,
successors, and assigns, jointly and severally. The surety shall pay to the State Oil and Gas Board the full amount of this bond upon
demand by the State Oil and Gas Board.
The conditions of this obligation are that whereas the above bounden principal(s) propose(s) to commence or continue the
drilling, operation, or production of a well in search of oil or gas, or the drilling or operation of a Class II injection, or the drilling or
operation of a well for the underground storage of gas in reservoirs to be known as the _____________________________________
__________________________________ well located in Section ___________ , Township ___________ , Range ___________ , or
Offshore Tract ____________ , in ____________________ County, Alabama.
Now, therefore, if said well is drilled, operated, or produced, in compliance with state law, the rules, regulations and orders of the
State Oil and Gas Board; if the above bounden principal(s) shall prevent the escape of oil or gas out of one stratum to another,
prevent the intrusion of water into any oil or gas stratum from a separate stratum, prevent the pollution of the sea, prevent pollution of
all surface and ground water; and if the above bounden principal(s) shall file all reports required by the Board, including drilling
records and all logs of such well, if taken, and shall file drill cuttings and cores or core slabs, if cores are taken, within six (6) months
from the time of completion of such well, and in the event such well does not produce oil or gas in commercially profitable quantities or
ceases to produce oil or gas in commercially profitable quantities or if the operations of such well shall cease for a period of six (6)
months or if such well should become dangerous to the public; and conditioned also that such principals(s) shall plug and abandon
such well, dispose of all pit or tank fluids, close the pit, restore or clear the location, and maintain the site; and conditioned further that
such principals(s) shall drill, operate, produce, and plug and abandon, said well, and that such principal(s) shall dispose of all pit or
tank fluids, close the pit, restore or clear the location, and maintain the site in compliance with all lawful rules, regulations, and orders
of the Board now existing or hereafter promulgated, and with the laws of the State of Alabama now existing or hereafter enacted, then
this obligation is void; otherwise the same shall be and remain in full force and effect.
In Testimony Whereof, Witness Our Hands, this ___________ day of ___________________________ , 20 ___________
__________________________________________________
______________________________________________
Signature
__________________________________________________
____________________________________________________
__________________________________________________
Print or Type Name
__________________________________________________
____________________________________________________
Position or Officer
Name and Address of Principal(s)
In Testimony Whereof, Witness Our Hands, this ___________ day of ___________________________ , 20 ___________
__________________________________________________
__________________________________________________
__________________________________________________
__________________________________________________
__________________________________________________
__________________________________________________
__________________________________________________
__________________________________________________
Surety Signature
Name and Address of Surety
__________________________________________________
__________________________________________________
__________________________________________________
__________________________________________________
__________________________________________________
Signature of Duly Authorized Agent of Said Surety
Name and Address of Agent
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Ogb-7 - Well Record And Completion Or Recompletion Report - State Oil And Gas Board Of Alabama
Legal
Form Ogb-1d - Application For Permit To Inject Storage Gas - State Oil And Gas Board Of Alabama
Legal
Form Ogb-1b - Application For Permit To Directionally Drill - State Oil And Gas Board Of Alabama
Legal
Related Categories
Parent category: Legal