Louisiana Paid Up Lease

Louisiana Paid Up Lease
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State:
Louisiana
Control #:
LA-OG-001
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Description

This form is a Louisiana Lease agreement wherein Lessor grants, leases, and lets exclusively to Lessee the lands described within for the purposes of conducting seismic and geophysical operations, exploring, drilling, mining, and operating for, producing and owning oil, gas, sulfur, and all other minerals whether or not similar to those mentioned (collectively the oil or gas), and the right to make surveys, lay pipelines, establish and utilize facilities for surface or subsurface disposal of salt water, construct roads and bridges, dig canals, build tanks, power stations, power lines, telephone lines, and other structures on the Lands, necessary or useful in Lessee's operations on the Lands or any other land adjacent to the Lands. This lease is a paid up lease and provides for pooling.

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FAQ

Can an oil company drill on my land?

What is the difference between pooling and unitization?

What is a paid up lease?

What is a lease bonus oil and gas?

How are oil royalties calculated?

What is a pooling clause?

What does paid up oil and gas lease mean?

What is a pooling bonus?

What does pooling mean in oil and gas?

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