Production Allocation Agreement Sample Contracts

PRODUCTION ALLOCATION AGREEMENT (HORIZONTAL WELL) SPECIFIC TERMS MINERAL LEASES
Production Allocation Agreement • October 4th, 2020

PrairieSky Royalty Ltd. (“PrairieSky”) is the royalty recipient under the applicable Title Document(s) identified below. The Parties hold beneficial or registered interests or are otherwise authorized to deal with the allocation of production from the Well under the Title Documents. PrairieSky and the Parties each agree to be bound by the terms of this Agreement, incorporating the Production Allocation Agreement General Terms and Conditions and the following Production Allocation Agreement Specific Terms:

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Instructions for the Production Allocation Agreement (Horizontal Well)
Production Allocation Agreement • May 8th, 2019

A Production Allocation Agreement is required for any horizontal well drilled on lands where one or more of the following apply among the applicable spacing units:

Contract
Production Allocation Agreement • December 30th, 2020

THIS PRODUCTION ALLOCATION AGREEMENT (this “Agreement”) is made and entered into this _____ day of _______, 20__ (the “Effective Date”), by and between the undersigned parties (individually the “Interest Owner,” collectively the “Interest Owners,”), and __________________________________, whose address _____________________________ (the “Operator”). The Interest Owners and the Operator are sometimes collectively referred to herein as the “Parties” and individually as a “Party.”

PRODUCTION ALLOCATION AGREEMENT (HORIZONTAL WELL) SPECIFIC TERMS OVERRIDING ROYALTY AGREEMENTS
Production Allocation Agreement • September 4th, 2020

PrairieSky Royalty Ltd. (“PrairieSky”) is the royalty recipient under the applicable Title Document(s) identified below. The Parties hold beneficial or registered interests or are otherwise authorized to deal with the allocation of production from the Well under the Title Documents. PrairieSky and the Parties each agree to be bound by the terms of this Agreement, incorporating the Production Allocation Agreement General Terms and Conditions and the following Production Allocation Agreement Specific Terms:

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