Idaho Surface Damage Agreement Between Surface Owner and Lessee

State:
Multi-State
Control #:
US-OG-253
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Surface Owner is the owner of the surface of the lands that are the subject of the Lease and Lessee has agreed to pay and Surface Owner has agreed to accept the amount listed in the agreement as payment for damages, if any, that may occur in connection with Lessee's operations on the Lands under the terms of the Lease.

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(c) "Surface landowner" means a person who owns all or part of the surface land as shown by the records of the county in which the surface land is located. ... owner for all damages to the surface of said land and improvements thereon. Any such lessee may occupy so much of the surface of said land as may be required ...Financial assurance for the benefit of the surface owner, to be held by the State of ... amount of $5,000.00 OR $2,500.00 [only if Lessee is the surface owner] to ... The surface use agreement must address how the owner will be compensated for lost agricultural income and lost value of improvements directly caused by oil and ... Minimum Bond. Prior to entry with motorized exploration equipment upon leased lands, the surface of which has been sold or leased, the lessee must submit to ... Surface Owner Damages Bond: Must submit a separate Damages Bond (minimum $1,000) to the BLM for the benefit of the surface owner to cover loss or damages (such ... The lessee may be required within a reasonable time after receiving constructive or actual notice, or a demand letter from the BLM, to drill and produce wells ... The statute also provides that he shall not injure, damage, or destroy the improvements of the surface owner, for if he does any damage to the surface of ... This Surface Use and Damage Agreement (Agreement) is made and entered into effective this 10 th day of March 2011, by and between PCY Holdings LLC, a wholly ... The mineral owner was only liable to the surface owner for damage to crops, damage to tangible improvements, or negligent activity. Holbrook v. Continental Oil ...

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Idaho Surface Damage Agreement Between Surface Owner and Lessee