Kansas is one of the top ten states for producing oil.
Drilling for oil on your property in Kansas is a very expensive investment, but it can lead to large profits if your property is in the right location. Kansas is ranked as one of the top ten oil producing states in the country. The state has streamlined its requirements through the Kansas Corporation Commission, which regulates private oil wells within the state. The success of oil drilling on your property is largely based on what happens to be resting beneath the surface. While drilling for oil on your property may seem like a difficult task, understanding the process will make things easier.
Instructions
1. Test your property to determine the possibility of the presence of oil below the surface. Hire one of the many geologists or oil drilling specialists in your area, as drilling for oil in Kansas is a large industry. Check with the Kansas State Board of Technical Professionals to ensure the expert is properly licensed, as the states regulatory authority will not accept reports from non-licensed experts. Ask the specialist to evaluate your property and prepare a report. Review the report to calculate your risks versus benefits for drilling on your property. Submit a copy of your report to the Kansas Corporation Commission.
2. Complete required documentation for setting up an oil drill in Kansas. Contact the Kansas Corporation Commission's Oil and Gas Division. Obtain all forms and documents to establish you intent to drill. These forms will include a Casing Surface Certification, Intent to Drill form and a Kansas drill operator license application. Return all completed forms to the Kansas Corporation Commission's office in Topeka. The Topeka office must approve your application before you can begin drilling. Failure to file proper paperwork with the state will result in fines or penalties.
3. Locate a drilling equipment sales company to purchase your drill. Make sure your operator's license has been approved by the state before purchasing equipment. If you would rather an oil company operate the drill on your behalf, you will not be required to have an operator's license; however, you will have to pay the company to operate the drill. Select a company that is licensed by the Kansas Corporation Commission. Obtain the company's license number. Go to the commission's license search section of their website. Search the company's license to verify that they are in good standing with the state and that no disciplinary action has been taken against it.
4. File monthly and yearly reports with the Kansas Corporation Commission. Report your monthly oil production, if any, and the depth of your well. You will also need to file monthly drilling reports with the Kansas Department of Health and Environment, as they will regulate your drill's effect on the environment.
Tags: your property, Corporation Commission, Kansas Corporation, Kansas Corporation Commission, drilling your property
