Colorado Permit Agreement for Surface

State:
Multi-State
Control #:
US-OG-686
Format:
Word; 
Rich Text
Instant download

Description

This is an agreement where the Owner represents and warrants present ownership of an undivided possessory surface interest in and to the described lands. Owner grants to Operator the right, for a term, to conduct any and all operations undertaken in connection with the exploration for oil, gas and/or other minerals on, across, and/or through the described Lands.

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FAQ

Concerning land ownership and property law, subsurface rights can allow a property owner to discover and utilize anything extracted from underneath a property without interference from a second party. Purchasing both rights for a property is possible.

Other minerals and commodities currently mined across the state include oil, natural gas, coal, carbon dioxide, helium, sand, gravel, quarry aggregate, clay, limestone, gypsum, nahcolite (sodium bicarbonate), and dimension and decorative stone (e.g., marble, sandstone).

The owner of the Surface Estate is entitled to use the surface only. The owner of the Mineral Estate has the right to use a reasonable amount of the surface to explore for oil and gas or grant a lease to an oil and gas company.

As a result of research and promotion by high school students from Bailey, rhodochrosite was designated as the state mineral on April18, 2002, by an act of the General Assembly. Tartan: The state tartan is comprised of a pattern and colors that symbolize Colorado's beauty and history.

With many diverse uses, industrial sand and gravel, also known as silica sand, is one of the most important nonmetallic minerals in the world.

A surface use agreement, which is also sometimes referred to as a land use agreement, is an agreement between the landowner and an oil and gas company or an operator for the use of the landowner's land in the development of the oil and gas.

What are considered minerals? In case of severed estate, the State Land Board has 100 percent of the rights to all mineral assets on the property. These include material sometimes referred to as "surface minerals" such as sand, gravel, and scoria.

Industrial minerals currently mined in Colorado include quarry aggregate (crushed stone), sand, gravel, industrial gas (helium and carbon dioxide), limestone, gypsum, shale, nahcolite (sodium bicarbonate), and dimension and decorative stone.

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Colorado Permit Agreement for Surface