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HomeMy WebLinkAbout943913 WELLBORE ASSIGNMENT úOû202 THIS WELLBORE ASSIGNMENT (the "Assignment"), dated effective 12:01 a.m. local time December 5, 2006 (the "Effective Time"), is from BP America Production Company, a Delaware corporation, whose mailing address is P.O. Box 3092, Houston, Texas 77253-3092 ("Assignor") to EOG Resources, Inc., a Delaware corporation, whose address is 600 Seventeenth Street, Suite 1000N, Denver, Colorado 80202 ("Assignee"). For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor hereby sells, assigns, transfers, grants, bargains, and conveys to Assignee the real and personal property interests described below, located in Lincoln County, Wyoming (the "Well bore Interests"): 1. Seventy percent (70%) of Assignor's right, title and interest in and to the wellbore for the Cow Hollow Unit Border 258-34E Well, located in the NENW of Section 34, T22N, R112W, 6th P.M., Lincoln County, Wyoming, at a surface location 703 feet from the north line, and 2,001 feet from the west line of said Section 34, and all associated equipment and personal property (the "Wellbore"), together with such interest of the Assignor derived from the oil and gas leases described on Exhibit A hereto (the "Leases"), insofar and only insofar as the Leases cover the lands described on Exhibit A (the "Lands") under: (i) the Operating Agreement dated May 18, 2006, by and between between EOG Resources, Inc., Operator for Drilling, Evaluation, Completion and Plugging and Abandonment, Anadarko E&P Company LP, Operator for Post Completion, and BP America Production Company, Chevron U.S.A. Inc., Questar Exploration & Production Company, The Tenno Company, Cabot Oil & Gas Corporation and Nance Petroleum, Inc., as non-operators, (ii) Cow Hollow Unit (No. WYW-I09472X) and the Unit Operating Agreement for the Cow Hollow Unit, and (iii) Communitization Agreement WYW-175557, effective December 1, 2006, from the surface of the earth to 100 feet below the base of the Frontier formation, defined as the base of the coarsening upward sequence as depicted by well log gamma ray curve occurring at a measured depth of 11,807 measured depth feet in the BP America Production Company CHAMPLIN 186 I #2 (API No. 4904120840), located in Section 13, TI8N, R113W, Uinta CountY, Wyoming (the "Assigned Depths"), as is necessary to vest in Assignee ownership of 70% of Assignor's right, title and interest in the Wellbore and the production therefrom, limited to the Assigned Depths, including specifically the interest that is attributable to Assignor in the Wellbore as may be derived from the Cow Hollow Unit Agreement Frontier Formation Consolidated Participating Area "ABCDF" and the Unit Operating Agreement for the Cow Hollow Unit multiplied by 70%. RECEIVED 121212008 at 9: 16 AM RECEIVING # 943913 BOOK: 710 PAGE: 202 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 1 00(;203 2. Rights in and to all existing and effective unitization, pooling and communitization agreements, and other contracts, agreements and instruments to the extent only that they relate to or affect the Wellbore Interests. : 3. Concurrent rights of ingress and egress to the Lands, and in and to surface use agreements, rights-of-way, easements, surface leases and other surface rights held by Assignor in connection with ownership or operation of the Leases and Lands. TO HAVE AND TO HOLD the Wellbore Interests unto Assignee and its successors and assigns forever. This Assignment is made and accepted expressly subject to the following tenns and conditions: A. TmS ASSIGNMENT IS MADE WITHOUT WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY EXCEPT THAT ASSIGNOR WARRANTS THAT TITLE TO THE WELLBORE INTERESTS IS FREE AND CLEAR OF ANY LIENS AND ENc-U.MBRANCES CREATED BY, THROUGH OR UNDER ASSIGNOR WITH THE EXCEPTION OF ROYALTY, OVERRIDING ROYALTY AND OTHER BURD'ENS ON PRODUCTION OF RECORD ON JULY 31, 2003. B. This Assignment is subject to the terms and provisions of the BP-EOG Moxa Arch Fannout Agreement dated July 31, 2003, between Assignor and Assignee (the "Farmout Agreement"). If there is a conflict between the terms of this Assignment and the Farmout Agreement, the terms ofthe Farmout Agreement shall control and not be deemed to have merged into the tenns of this Assignment. C. This Assignment is subject to the terms, provisions and covenants of the Leases, all Lease burdens of record on July 31, 2003, all existing and effective pooling, communitization and unitization agreements and all other contracts, agreements and instruments related to the Wellbore Interests to the extent the same are of record on July 31, 2003 or identified in the Fannout Agreement. D. Assignee agrees to perform all obligations, express or implied, of Assignor under the Leases insofar as such obligations are applicable to the Wellbore Interests. E. To the extent pennitted by law, Assignee shall be subrogated to Assignor's rights, to the extent of the Wellbore Interests, in and to representations, warranties and covenants given with respect to the Leases. Assignor grants and transfers to Assignee, its successors and assigns, to the extent so transferable and pennitted by law, the benefit of and the right to enforce the covenants, representations and warranties, if any, which Assignor is entitled to enforce with respect to the Leases, but only to the extent not enforced by Assignor. F. The references herein to liens, encumbrances, burdens, defects and other matters shall not be deemed to ratify or create any rights in third parties or merge with, modify or limit the rights of Assignor or Assignee as between themselves, as set forth in the Farmout Agreement. I . G. Unless provided otherwise, all recording references in Exhibit A hereto are to the official real property records of the county in which the Lands are located. 2 COö204 H. Separate governmental fonns of assignment of the Wel1bore Interests may be executed on officially approved fonns by Assignor to Assignee, in sufficient counterparts to satisfy applicable statutory and regulatory requirements. Those assignments shall be deemed to contain all of the exceptions, reservations, warranties, rights, titles, power and privileges set forth herein as fully as though they were set forth in each such assignment. The interests conveyed by such separate assignments are the same, and not in addition to, the Well bore Interests conveyed herein. I. This Assignment binds and inures to the benefit of Assignor and Assignee and their respective successors and assigns. J. This Assignment may be executed in counterparts, each of which shall be deemed to be an original instrument, but all of which together shall constitute but one instrument. EXECUTED on the dates contained in the acknowledgments of this Assignment, to be effective for all purposes as of the Effective Time. DUCTION COMPANY Stacey J. Garvin Attorney in Fact C¡.\M 3 AcknowIedeements 00&205 STATE OF TEXAS ) ) ss. COUNTY OF HARRIS ) The foregoing instrument was acknowledged before me this ~ day of..... \, I tl, , 200Z by Stacey J. Garvin, as attorney-in-fact for BP America Production Company~e corporation. Witness my hand and official seal. My commission expires: . 0 ~~~~~~~.,..,..".......;C § ~~ ,.~~ TERRI L. SUKEY S ~s ~ . NOTARY PUBLIÇ, STATE OF TEXAS S ~ ~ MY COMMISSION EXPIRES 8 0' APR. 30, 2009 § =-"~~~~ STATE OF COLORADO ) ) ss. CITY AND COUNTY OF DENVER ) The foregoing instrument was acknowledged before me this .:22ndday of D c.to.bcr, 200 g' by 1. Michael Schween, as agent and attorney-in-fact of EOG Resources, Inc., a Delaware corporation. Witness my hand and official seal. My commission expires: 0 I /1 () / 2 0 I 6 ,." -", "\.. , :1 (I. 0+ , (~''''t~ f? ." . "\ _~' J.. ~ I. . ·-.i'·9~-;¡ r ~ r~r, ~ \(:,,:' .>"; \!, ;~., \.-' . " . '''':'--- ~"'.. ':" I , ~". .. . 4 ~ . .. :'.' , 4 EXHmIT "A" ATTACHED TO AND MADE A PART OF THAT CERTAIN WELLBORE ASSIGNMENT BY AND BETWEEN BP AMERICA PRODUCTION COMPANY, AS ASSIGNOR AND EOG RESOURCES, INC., AS ASSIGNEE "LANDS" Drilline: and Spacine: Unit approved bv the Wvomine: Oil & Gas Conservation Commission under Order 305-2004 and communitized under Communitization Ae:reement WYW- 175557 effective December 1.2006: Lincoln County, Wyoming Township 22 North. Range 112 West Section 34: NW/4 Cow Hollow Unit Frontier Formation Consolidated Participatine: Area "ABCDF" Lands: Lincoln County. Township 22 North. Range 111 West Wyoming: Section 30: Lot 8 Section 31: Lots 1, 2 Township 22 North. Range 112 West Section 2: Lots 5-8, S2NW, SWNE, SW, W2SE Section 10; E2, SENW, N2SW, SESW Section 11: W2, W2NE, SESE Section 14:. N2, N2SW, NWSE, SWSW Section 15: NE, S'ENW, SE, NESW, SESW Section 21.: SESE Section 22: All Section 23: NWSW, SESE Section 24: S2SW, SWSE Section 25: W2, W2NE Section 26: E2NE, SWNE, SW, SE Section 27: All Section 28: E2NE, NESE Section 34: NENW Section 35: NE, NW, SE Section 36: N2, SW, W2SE, NESE Township 23 North. Range 112 West Section 25: All Section 26: All Section 27: S2, S2NE Section 28: SE, E2SW, NW Section 33: NE, E2NW, N2SE Section 34: N2, SW, N2SE, SWSE Section 35: NE, NW, N2SW, SESW, W2SE Section 36: N2, SE, E2SW, NWSW 5 ûOû20G EXHIBIT "A" ATTACHED TO AND MADE A PART OF THAT CERTAIN WELLBORE ASSIGNMENT BY AND BETWEEN 00:'0207 BP AMERICA PRODUCTION COMPANY, AS ASSIGNOR AND V' EOG RESOURCES, INC., AS ASSIGNEE "LEASES" Lease Number Lessor Cow Hollow Unit Frontier Formation Consolidated Participatinl! Area "ABCDF" Leases: 4 WYW-309533-B USA Township 22 North, Range III West 43.90 L-601611 See 30: Lot 8 lOA WYW-0311099-A USA Township 22 North, Range 112 West 160.00 L-669737 See 10: W2NE, SENE, SENW Township 22 North, Range 112 West . lOB WYW-0311099-A USA 40.00 L-669737 See 10: NENE 14A WYW-0318355 USA Township 22 North, Range 112 West 400.00 L-606638 See 14: N2, NESW, NWSE 14B WYW-0318355 USA Township 22 North, Range 112 West 40.00 L-606638 See 14: SWSW 14C WYW-0318355 USA Township 22 North, Range 112 West 40.00 L-606638 See 14: NWSW 15 WYW-0318356 USA Township 22 North, Range 112 West 40.00 L-610364 See 26: SESE 20A WYW -0320817 USA Township 22 North, Range 112 West 120.00 L-606635 See 15: W2NE, SENW 20B WYW -0320817 USA Township 22 North, Range 112 West 80.00 L-606635 See IS: E2NE 21 WYW-0321436 USA Township 23 North, Range 112 West 320.00 L-660597 See 33: NE, E2NW, N2SE 25A WYW-35406 USA Township 23 North, Range 112 West 200.00 L-607869 See 34: N2NW, SWNW, SWSW See 35: SWSE 6 EXHmIT "A" ATTACHED TO AND MADE A PART OF THAT CERTAIN WELLBORE ASSIGNMENT BY AND BETWEEN L\O:",,20B BP AMERICA PRODUCTION COMPANY, AS ASSIGNOR AND v" EOG RESOURCES, INC., AS ASSIGNEE "LEASES" Continued Lease Number Lessor 25B WYW-35406 USA Township 23 North, Range 112 West 440.00 L-607869 See 34: NE, SENW, N2S2, SESW, SWSE 25C WYW-35406 USA Township 23 North, Range 112 West 480.00 L-607869 See 25: E2 See 35: N2SW, SESW, NWSE 26B WYW -40604 USA Township 23 North, Range 112 West 200.00 L-685843 See 35: NE, SENW 30A WYW-44095 USA Township 22 North, Range 112 West 40.00 L-660609 See 11: NWSW 30B WYW-44095 USA Township 22 North, Range 112 West 240.00 L-660609 See 11: SWSW, E2SW, W2SE, SESE 32 WYW-71772 USA Township 22 North, Range 112 West 280.00 L-665749 See 10: SE,N2SW,SESW 37A St Wyo 65-22333 State of Wyoming Township 23 North, Range 112 West 200.00 L-606640 See 36: N2NE, NE4NW, W2NW 37B St Wyo 65-22333 State of Wyoming Township 23 North, Range 112 West 400.00 L-606640 See 36: SE, E2SW, S2NE, SENW, NWSW 38A St Wyo 66-6209 State of Wyoming Township 22 North, Range 112 West 360.00 L-601610 See 36: S2NW, SWNE W2SE, SW 38B St Wyo 66-6209 State of Wyoming Township 22 North, Range 112 West 240.00 L-601610 See 36: N2N2, SENE, NESE 39A Fee Champlin Petroleum Township 22 North, Range 111 West 75.19 L-600288 Company See 31: Lot 1 (37.60) Lot 2(37,59) 7 EXHIBIT "A" ATTACHED TO AND MADE A PART OF THAT CERTAIN WELLBORE ASSIGNMENT BY AND BETWEEN BP AMERICA PRODUCTION COMPANY, AS ASSIGNOR AND EOG RESOURCES, INC., AS ASSIGNEE OOû209 "LEASES" Continued Gross BP Lease Lease Number Lessor Acres Number 39B Fee Champlin Petroleum Township 22 North, Range 112 West 50.00 L-600288 Company See 15: SWSESE See 23: SESE 39C Fee Champlin Petroleum Township 22 North, Range I ] 2 West 120.00 L-600288 Company See 15: SWSE, SESW See 23: NWSW 40A Fee Champlin Petroleum Township 22 North, Range 112 West 120.00 L-600228 Company See 35: E2SE, SWSE 40B Fee Champlin Petroleum Township 22 North, Range 112 West 760.00 L-600228 Company See 25: W2 See 27: NW, N2SW, SE, SESW 40C Fee Champlin Petroleum Township 22 North, Range 112 West 200.00 L-600228 Company See 35: NW, NWSE 40D Fee Champlin Petroleum Township 22 North, Range 112 West 40.00 L-600228 Company See 27: SWSW 8