Oil & Gas Conservation

Getting a Well Drilled

Eric R. King

Week TwoSeptember 2, 2010

Intent to DrillOAC Form 1000

Geologic Mapping• Structure• Net Isopach Map

Geological exhibit structure and isopach map

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

Completing a Well

Completion ReportOAC Form 1002A

Initial One Point TestOAC Form 1016

Annual One Point TestOAC Form 1017

Eric R. KingOne Leadership Square, 15th Floor

211 N. Robinson Ave.Oklahoma City, OK 73102

(405) 235-5518