Alaska Surface Tenant's Consent for Subordination to An Oil, Gas, and Mineral Lease

State:
Multi-State
Control #:
US-OG-310
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Word; 
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Description

This form is used when a Tenant is the lessee under a (Surface Lease, Agricultural Lease, Grazing Lease, etc.) which covers all or a portion of the Land and the Operator, the owner of the Lease and the Lessee, desires that the Tenant subordinate the Tenant's rights to the leasehold estate and rights created by the Lease.

Title: Understanding Alaska Surface Tenant's Consent for Subordination to an Oil, Gas, and Mineral Lease Introduction: Alaska, recognized for its vast and resource-rich land, possesses significant oil, gas, and mineral reserves. The state requires a Surface Tenant's Consent for Subordination to An Oil, Gas, and Mineral Lease to ensure proper coordination between surface tenants and lessees. In this article, we will delve into the details of this consent, outlining its purpose, requirements, and potential types. 1. What is the Purpose of Alaska Surface Tenant's Consent for Subordination? Alaska Surface Tenant's Consent for Subordination serves as a legally binding agreement that allows a surface tenant to subordinate their rights to an oil, gas, and mineral lease. This consent grants priority to the lessee's rights, allowing them to explore and extract natural resources in a manner consistent with state regulations. 2. Key Features and Requirements of Alaska Surface Tenant's Consent: a. Written Agreement: The consent must be in writing, signed, and acknowledged by both the surface tenant and the lessee or their authorized representative. b. Legal Description: It should include a legal description of the surface tenant's property, the lease involved, and any pertinent documents. c. Right to Notice: The surface tenant must be given reasonable written notice about the lessee's intentions to conduct activities on the property covered by the lease. d. Compensation and Damages: The consent should address the issue of compensation and damages, including any associated restoration obligations, in case of damage caused by the lessee's operations. e. Specific Rights and Restrictions: The document may outline any specific rights retained by the surface tenant during extraction activities or identify reasonable restrictions on the lessee's actions to protect the surface tenant's property. 3. Common Types of Alaska Surface Tenant's Consent for Subordination: a. Standard Surface Tenant's Consent: This is the primary form used across Alaska for subordination to an oil, gas, and mineral lease, encompassing the essential clauses and requirements to ensure proper coordination between the surface tenant and the lessee. b. Modified Surface Tenant's Consent: In certain cases, modifications may occur based on the unique circumstances of a particular agreement. These modifications might involve adjusting compensation terms, specifying additional restrictions, or accommodating specific concerns raised by the surface tenant. Conclusion: Alaska's Surface Tenant's Consent for Subordination plays a pivotal role in harmonizing the interests of surface tenants and lessees when it comes to oil, gas, and mineral extraction. By understanding the purpose, key features, and types of this consent, both parties can ensure a fair and comprehensible agreement that protects their rights and promotes responsible resource exploration and development.

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FAQ

Implied Covenant to Develop the Lease: This implied covenant requires the Lessee to protect against drainage and typically arises when a neighbor's land is drilled and that lease could be draining oil out from under the leased land.

Yes, subsurface rights are considered real property. This includes the rights to any minerals, oil, gas, or other natural resources that may be located beneath the surface of the land. These rights can be bought, sold, leased, or inherited like any other real property.

Under United States common law, the subsurface estate is the dominant estate. The Alaska Statehood Act granted the state 104 million acres to manage as an economic base.

What is the granting clause? The granting clause is the clause under which the owner of the oil and gas rights leases the oil and gas rights to the oil and gas company along with the right to develop the oil and gas on a specifically described piece of real estate.

The Alaska Constitution is clear: Natural resources belong to the state. The Alaska Statehood Act, the law of the U.S. government, is clear: natural resources belong to Alaska.

Alaska. Doyon Limited is the largest private landowner in Alaska and North America. Doyon Limited has a land entitlement of 12.5 million acres. In Alaska, Doyon's land stretches from the Alaska-Canada border almost to the Norton Sound in the west.

In the United States, landowners possess both surface and mineral rights unless they choose to sell the mineral rights to someone else. Once mineral rights have been sold, the original owner retains only the rights to the land surface, while the second party may exploit the underground resources in any way they choose.

Most likely, if you own land in Alaska, the state of Alaska owns what lies beneath. These ?subsurface rights? are dominant over your rights as a surface landowner and you cannot deny reasonable access to the state's resources, which could include anything from precious metals to oil and gas.

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This form is used when a Tenant is the lessee under a (Surface Lease, Agricultural Lease, Grazing Lease, etc.) which covers all or a portion of the Land and ... Provide either the Effective Date or Date Assigned; this is the date the Applicant first received an interest in the lease as reported on the Alaska Land ...We recommend that you attempt to secure a Tenant's Consent Agreement from any such person, particularly if their use and occupancy of the land began before the. The written agreement that creates a relationship between the Lessor, as landlord, and the Lessee, as tenant, that grants to the Lessee the possession of ... Record Title: Primary ownership of an interest in an oil and gas lease including the obligation to pay rent, and the right to transfer and relinquish the lease. Jun 8, 2021 — Decision to Renew Lease. Alaska Clean Seas (ACS) is requesting to renew a current long-term lease on Tract 24A of ASLS. Feb 24, 2022 — The purpose of these guidelines is to provide helpful tips to landowners who are negotiating mineral leases or surface use agreements. lease is severed from the surface, wind companies have sought to obtain a surface waiver or non-interference agreement from the mineral interest owners who ... Jul 24, 2023 — Specifically, the proposed rule would implement changes pertaining to royalty rates, rentals, and minimum bids for BLM-issued oil and gas leases ... Tenant shall not be in default under this Lease for failure to complete the ... agreement of subordination on the part of Tenant. However, if Landlord or ...

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Alaska Surface Tenant's Consent for Subordination to An Oil, Gas, and Mineral Lease