This is a legal form that was released by the Louisiana Department of Natural Resources - a government authority operating within Louisiana. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form FS-LCMW?
A: Form FS-LCMW is a standardized form used for issuing an irrevocable letter of credit for multiple oil and gas wells in Louisiana.
Q: What is an irrevocable letter of credit?
A: An irrevocable letter of credit is a financial instrument issued by a bank that guarantees payment to a beneficiary upon satisfactory completion of certain conditions.
Q: What is the purpose of Form FS-LCMW?
A: The purpose of Form FS-LCMW is to provide a standardized format for issuing a letter of credit that ensures payment to the operator of multiple oil and gas wells in Louisiana.
Q: Who uses Form FS-LCMW?
A: Form FS-LCMW is used by banks, operators, and other parties involved in oil and gas operations in Louisiana.
Q: What does 'multiple wells' mean in the context of Form FS-LCMW?
A: In the context of Form FS-LCMW, 'multiple wells' refers to the inclusion of more than one oil and gas well under the same letter of credit.
Form Details:
Download a printable version of Form FS-LCMW by clicking the link below or browse more documents and templates provided by the Louisiana Department of Natural Resources.