A Massachusetts Conveyance of Right to Make Free Use of Gas Provided For in an Oil and Gas Lease refers to a legal document that grants the right to utilize gas from an oil and gas lease without any charge. This conveyance ensures that the lessee has the freedom to access and utilize gas resources as specified in the lease agreement. It is important to note that the specific terms and conditions of this conveyance may vary based on the lease agreement and the parties involved. Keywords: Massachusetts, Conveyance, Right, Free Use, Gas, Oil and Gas Lease. Different types of Massachusetts Conveyance of Right to Make Free Use of Gas Provided For in an Oil and Gas Lease: 1. Absolute Conveyance: This type of conveyance grants the lessee unrestricted and absolute rights to make free use of the gas resources provided under the oil and gas lease. The lessee is not bound by any limitations or restrictions in utilizing the gas. 2. Limited Conveyance: In certain cases, the conveyance may impose certain limitations or restrictions on the lessee's right to make free use of the gas resources. These limitations could be related to the volume of gas utilized, the period of usage, or other specific terms agreed upon by the parties. 3. Conveyance with Financial Arrangements: In some instances, the conveyance of the right to make free use of gas resources may include financial arrangements between the lessor and lessee. This could involve payment of royalties or compensation for the gas utilized beyond a certain threshold. 4. Temporary Conveyance: This type of conveyance may grant a temporary right to make free use of gas resources for a specified duration. Once the defined period expires, the right to use the gas may revert to the lessor or be subject to renegotiation. 5. Shared Conveyance: In cases where multiple lessees are involved, the conveyance may entail provisions for shared or joint usage of the gas resources. The terms of such shared usage would be mutually agreed upon and documented within the conveyance. 6. Conveyance of Extracted Gas: Apart from the conveyance of the right to make free use of gas, these documents may also include provisions for the transportation, extraction, and delivery of the gas resources from the lease site to the lessee's facilities or designated locations. Overall, a Massachusetts Conveyance of Right to Make Free Use of Gas Provided For in an Oil and Gas Lease is a legally significant document that safeguards the lessee's entitlement to utilize gas resources in accordance with the lease agreement. It serves as a vital contractual instrument, outlining the terms, conditions, and extent of free usage, thus ensuring clarity and mutual understanding between the lessor and lessee.
Massachusetts Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease
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Granting Clause: This clause specifies: (a) the land that is being leased; (b) which minerals are being leased (oil, gas, uranium, etc.); and (c) and what rights the production company has to use the surface land in an effort to produce the leased minerals.
Granting Clause: The clause in the deed that lists the grantor and the grantee and states that the property is being transferred between the parties.
An assignment of oil and gas lease is a contractual agreement between a landowner and an oil or gas company in which the company gains the right to explore for, develop, and produce oil and gas from the property.
A ?special warranty? is a covenant made by the lessor to defend the lessee against encumbrances or clouds on the oil and gas title created by the lessor during his ownership of the estate. The protection offered by this warranty is therefore limited to those title defects caused or created by the lessor himself.
What is the granting clause? The granting clause is the clause under which the owner of the oil and gas rights leases the oil and gas rights to the oil and gas company along with the right to develop the oil and gas on a specifically described piece of real estate.
In general terms, the Pugh Clause provides that production from a unitized or pooled area located on or including a portion of the leased lands will not be sufficient to extend the primary term for the entire leasehold.
An ?unless? clause provides that the lease terminates unless the lessee has either made the required payments or commenced drilling operations. Lessees can therefore be terminated from the lease by failure to pay the proper amount, by the due date, in the proper form, to the proper party.
in clause (or shutin royalty clause) traditionally allows the lessee to maintain the lease by making shutin payments on a well capable of producing oil or gas in paying quantities where the oil or gas cannot be marketed, whether due to a lack of pipeline connection or otherwise.
