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.
Indiana Surface Damage Agreement Between Surface Owner and Lessee
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Multi-State
Control #:
US-OG-253
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Word;
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How to fill out Indiana Surface Damage Agreement Between Surface Owner And Lessee?
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Subsurface rights means the rights to all minerals, mineral fuels, and other resources, including, but not limited to, oil, gas, coal, oil shale, uranium, metals, and phosphate, whether or not they are mixed with any other substance found or located beneath the surface of the earth.
The surface use agreement will specify what the oil and gas company or operator can do on the landowner's land in developing the oil and gas, where development can take place, and what compensation the landowner will receive.
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.
Subsurface rights usually include the right to oil, minerals and even water that's found beneath the land's surface.
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.
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.
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May 8, 2019 — A Surface Use Agreement (SUA) is a contract between a surface owner and the lessee to an oil and gas lease. Learn how to negotiate a Surface ... by J Feriancek · 2006 · Cited by 1 — Another major issue with surface damage acts is the type of compensatory damages the surface owner is enti- tled to receive. The Wyoming statute requires that ...by RW Polston · 1987 · Cited by 29 — Although the common law provided that a mineral owner need not compensate the surface owner for surface damages, long standing breaches exist of the otherwise ... This subdivision does not increase damages between a lessor and a lessee in a valid and subsisting oil and gas lease that specifies damages if damages are not ... by KP Jones · Cited by 3 — ... The lessee is liable to the surface owner for damages to crops and tangible improvements;. (7) The surface owner is entitled to damages only, and then only for. Seismic Option Agreement with Option to Purchase Interest in Oil and Gas Leases (From Lessee) ... Surface Damage Agreement (Between Surface Owner and Lessee) ... Both the holders of the surface interests and the mineral interests have the power to demand agreement and accommodation over the development of mineral ... by CM Alspach · Cited by 40 — Part VI discusses surface damage liability as imposed by clauses in oil and gas leases and by surface damage statutes. This section identifies ... Cited by 2 — of tenant for a breach of lease agreement shall not release tenant from liability for rent ... the owner of the mineral estate may damage or destroy the surface. Jul 20, 2023 — Surface Use Agreements are voluntary agreements that govern the working relationship between a mineral owner or lessee and a surface owner ...
