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.
Georgia Agreement Waiving Surface Use by Oil and Gas Lessee
State:
Multi-State
Control #:
US-OG-655
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Agreement Waiving Surface Use By Oil And Gas Lessee?
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FAQ
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.
Mineral rights ownership can be established in the following ways: Deed. A deed is used in transferring the ownership of mineral rights from one party to the other. Lease. ... Severance. ... Adverse Possession. ... Surface Use Agreement. ... Royalties. ... Mineral Estate. ... Texas Railroad Commission.
The mineral estate owner has exclusive rights to any and all minerals located beneath the land's surface. The owner of the surface estate, on the other hand, has the right to use and access the surface of the land but does not have any rights to the minerals underneath.
Waive your rights to surface rights under a mineral lease with this Waiver of Surface Rights form for Texas lands. Surface rights include all rights of ingress and egress, and the right to enter the property for purposes of exploring, developing and extracting oil, gas and/or minerals from the property.
If you buy land that does not include the mineral rights, it is important to know that Texas law states that the mineral lessees (oil and gas companies) have the right to manipulate the surface of your land, as much as ?reasonably necessary?, for mineral exploration or production.
?Surface rights? refers to the right to control the surface of the land. Existing structures are included under this umbrella. Typically, when property is purchased, the transaction includes the surface and mineral rights.
