This form is used when Lessor grants, leases, and lets to Lessee the exclusive right to use the surface of the lands described below for the installation and operation of a salt water disposal well on the lands. Grantee shall have the right of ingress and egress and the right to construct, install, operate and maintain equipment and appurtenances, including pipelines, electric power lines, poles, guide wires and anchors necessary to gather, store, transport, process, and otherwise handle salt water from an oil/gas well or wells owned or operated, in whole or in part, by Lessee, whether located on the lands that are the subject of this Lease, or on other lands.
Alaska Surface Lease For Salt Water Disposal Well For Operator to Dispose of Its Water, Produced on Or off the Lands Subject to the Lease
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US-OG-416
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How to fill out Surface Lease For Salt Water Disposal Well For Operator To Dispose Of Its Water, Produced On Or Off The Lands Subject To The Lease?
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Historically, mineral owners (?lessors?) and landmen/oil companies (?lessees?) spend most of their time focusing and negotiating the bonus payment, primary term and royalty provisions of an oil and gas lease. These provisions are important, but they represent only a small number of the important elements of the lease.
Oil leases are agreements between an oil and gas company known as the lessee and mineral owners known as a lessor, in which the lessor grants the lessee the permission to explore, drill, and produce those minerals for a specified period known as a primary term or as long as the minerals continue to be productive.
A full release of a single Texas oil and gas lease. This Standard Document releases all the lessee's interest in and to the lease. It also has helpful drafting notes explaining when releases are necessary and how to record them.
A mineral lease is a contract between a mineral owner (the lessor) and a company or working interest owner (the lessee) in which the lessor grants the lessee the right to explore, drill, and produce oil, gas, and other minerals for a specified period of time.
Landowners who sign non-development leases receive revenue with no liability and no disruption to their property. Frequently Asked Questions: If I sign a non-development lease, will there be any drilling or related activity on my property? No. All drilling activities will take place on another property.
O&G: oil & gas leases, or contracts, between the owner of minerals, typically called a ?lessor,? and a corporation, typically known as the ?lessee,? where the lessor gives the lessee the right to explore, drill, produce, and sometimes even store oil, gas and other minerals for a specified primary term, and as long ...
A mineral lease is a contractual agreement between the owner of a mineral estate (known as the lessor), and another party such as an oil and gas company (the lessee). The lease gives an oil or gas company the right to explore for and develop the oil and gas deposits in the area described in the lease.