District of Columbia Agreement Waiving Surface Use by Oil and Gas Lessee

State:
Multi-State
Control #:
US-OG-655
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Lessor desires to sell, subdivide, or partition all or a part of the lands covered by the Lease (the Lands), and has requested a partial waiver of surface use of certain portions of the Lands subject to the Lease, and a waiver is agreeable to Lessee. This Agreement relates solely to the surface use and does not in any other way affect or diminish the Lessee's rights, interests and estate under the Lease.

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FAQ

Subsurface rights are rights to the earth below the land, and any substances found beneath the land's surface.

By way of background, a ?free use? clause is a provision in an oil/gas lease which gives the lessee the right to use gas produced from the leasehold. Tenth Circuit Rules That Obligation To Pay Royalty On Fuel Gas Depends ... hh-law.com ? blogs ? oil-and-gas-addendum ? ten... hh-law.com ? blogs ? oil-and-gas-addendum ? ten...

The BLM's authority to manage the public's oil and gas resources in the 48 contiguous states comes from two laws -- Mineral Leasing Act of 1920 as amended and the Mineral Leasing for Acquired Lands Act of 1947 . About Oil and Gas | Bureau of Land Management blm.gov ? programs ? energy-and-minerals blm.gov ? programs ? energy-and-minerals

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. Surface Use or Land Use Agreements - Primerus primerus.com ? article ? surface-use-or-land... primerus.com ? article ? surface-use-or-land...

An oil or gas lease is a legal document where a landowner grants an individual or company the right to extract oil or gas from beneath the landowner's property. Courts generally find leases to be legally binding, so it is very important that you understand all the terms of a lease before you sign it.

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.

Subsurface means in a well, or below the surface of the ground. Seismic surveys are used to find subsurface rock structures that may contain hydrocarbons. Directional wells can be used to drill multiple wells from a common drilling pad or to reach a subsurface location beneath land where drilling cannot be done.

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. What are Subsurface Rights and How do they Work? - Pheasant Energy pheasantenergy.com ? subsurface-rights pheasantenergy.com ? subsurface-rights

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District of Columbia Agreement Waiving Surface Use by Oil and Gas Lessee