Illinois Release by Surface Owner for Settlement of Surface Damages Resulting from Drilling Operations

State:
Multi-State
Control #:
US-OG-558
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a Release by Surface Owner in Settlement of Surface Damages Resulting from Drilling Operations.

How to fill out Release By Surface Owner For Settlement Of Surface Damages Resulting From Drilling Operations?

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FAQ

The Oklahoma Surface Damage Act guides interactions and negotiations between land surface owners and the oil companies and others who have the mineral rights. In the state, and elsewhere throughout the U.S., the owners of land parcels do not always also have ownership of what may lay below the surface.

Illinois Oil and Gas Act (225 ILCS 725) provides for the conservation of oil and gas resources through the protection of correlative rights, proper well spacing, integration and unitization of mineral interests; and for the regulation of the drilling, construction, operation, and plugging of oil and gas production ...

Compensation of surface owners for drilling and producing operations and duties after cessation of production.

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Illinois Release by Surface Owner for Settlement of Surface Damages Resulting from Drilling Operations