Well Transfer Requirements for Oil, Gas and Solution Salt Mining
A well owner proposing to transfer the legal ownership of a well must notify the Department of the identity of the new owner on a Request For Well Transfer form. Before the Department will grant approval of a transfer request the proposed new owner must:
- Submit a completed and notarized Request For Well Transfer form,
- have filed an Organizational Report,
- have adequate financial security, if required; and
- obtain up-to-date well information from the current owner.
In conjunction with the above, Department staff will conduct a site inspection prior to approving the transfer of any well.