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Change of Owner Form 7 pdf 238Kb - Ohio DNR Division of Oil

Change of Owner Form 7 pdf 238Kb - Ohio DNR Division of Oil 2025

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The document is a Request for Change of Owner (Form 7) from the Ohio Department of Natural Resources, specifically for the transfer of ownership of oil and gas wells. It outlines the application process, required information, fees, and responsibilities of both the assignor/transferor and assignee/transferee. The form must be submitted within thirty days of the transfer and includes stipulations regarding compliance with state laws and regulations.

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How to use or fill out Change of Owner Form 7 pdf 238Kb - Ohio DNR Division of Oil

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Click ‘Get Form’ to open it in the editor.
Begin by entering the 'Date of Application' at the top of the form. This is crucial for tracking your request.
Select the type of request: Individual Transfer or Multiple Transfer. If it's an Individual Transfer, provide the API number; for Multiple Transfers, list all API numbers on the back.
Fill in the 'County', 'Civil Township', and other location details such as 'Well', 'Lease Name', and 'Section'. Ensure accuracy to avoid processing delays.
Complete the Assignor's information including address and telephone number. This identifies who is transferring ownership.
Provide Assignee/Transferee details, ensuring both parties sign and date where indicated. Notarization is required for validity.
Finally, review all entries for completeness before submitting along with the non-refundable fee of $100 per well.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who regulates gas wells in Ohio?

The Division of Oil and Gas Resources Management is responsible for regulating Ohios oil and natural gas industry and for the protection of all Ohioans and our environment while ensuring the states abundant natural resources are managed properly.

Who owns a gas well in Ohio?

Domestic Owner The owner of the estate of tract, on which the well is located, owns the well.

Are there still oil wells in Ohio?

Ohio continues to produce docHub quantities of oil and gas, having produced more than 1 billion barrels of oil and 9 trillion cubic feet of natural gas since 1860. Unconventional resources, primarily in eastern Ohio, are likely to increase production in Ohio.

How much are gas well royalties per acre in Ohio?

Lease bonus payments in southeast Ohio can $3,000 - $6,000 per acre. Historical royalties were 1/8 or 12.5% for traditional vertical wells. Royalties for horizontal wells have been going for 18% - 20% in southeast Ohio.

What is the difference between an oil well and a gas well?

An oil well is a drillhole boring in Earth that is designed to bring petroleum oil hydrocarbons to the surface. Usually some natural gas is released as associated petroleum gas along with the oil. A well that is designed to produce only gas may be termed a gas well.