Minnesota Agreement Waiving Surface Use by Oil and Gas Lessee

State:
Multi-State
Control #:
US-OG-655
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Lessor desires to sell, subdivide, or partition all or a part of the lands covered by the Lease (the Lands), and has requested a partial waiver of surface use of certain portions of the Lands subject to the Lease, and a waiver is agreeable to Lessee. This Agreement relates solely to the surface use and does not in any other way affect or diminish the Lessee's rights, interests and estate under the Lease.

Free preview
  • Preview Agreement Waiving Surface Use by Oil and Gas Lessee
  • Preview Agreement Waiving Surface Use by Oil and Gas Lessee

How to fill out Agreement Waiving Surface Use By Oil And Gas Lessee?

If you need to complete, obtain, or produce authorized document web templates, use US Legal Forms, the greatest collection of authorized types, that can be found online. Use the site`s simple and convenient research to discover the papers you want. A variety of web templates for enterprise and specific functions are sorted by groups and says, or key phrases. Use US Legal Forms to discover the Minnesota Agreement Waiving Surface Use by Oil and Gas Lessee with a handful of mouse clicks.

In case you are presently a US Legal Forms customer, log in in your profile and then click the Download key to find the Minnesota Agreement Waiving Surface Use by Oil and Gas Lessee. You can also entry types you previously saved in the My Forms tab of the profile.

Should you use US Legal Forms the first time, refer to the instructions listed below:

  • Step 1. Be sure you have chosen the shape for that right area/region.
  • Step 2. Make use of the Review solution to look over the form`s content material. Don`t forget to learn the explanation.
  • Step 3. In case you are unsatisfied together with the develop, make use of the Look for field near the top of the display screen to get other types of the authorized develop web template.
  • Step 4. Once you have found the shape you want, click the Purchase now key. Pick the prices plan you choose and put your references to sign up on an profile.
  • Step 5. Process the purchase. You can use your bank card or PayPal profile to complete the purchase.
  • Step 6. Pick the formatting of the authorized develop and obtain it on the device.
  • Step 7. Full, revise and produce or indication the Minnesota Agreement Waiving Surface Use by Oil and Gas Lessee.

Each and every authorized document web template you purchase is yours permanently. You possess acces to each develop you saved with your acccount. Go through the My Forms section and decide on a develop to produce or obtain again.

Be competitive and obtain, and produce the Minnesota Agreement Waiving Surface Use by Oil and Gas Lessee with US Legal Forms. There are thousands of professional and condition-specific types you can use for your personal enterprise or specific requirements.

Form popularity

FAQ

What Are Mineral Rights and Who Has Them? Mineral rights in Texas are the rights to mineral deposits that exist under the surface of a parcel of property. This right normally belongs to the owner of the surface estate; however, in Texas those rights can be transferred through sale or lease to a second party.

A clause in an oil & gas lease that provides that if the leased land is later owned by separate parties, such as in a sale of part of the property, the lessee can continue to operate, develop, and treat the lease as a whole and pay royalties to each owner based on its percentage of ownership of the entire area.

Like surface interests, mineral interests are passed down by inheritance. If there is a valid will, it controls who gets the property. If not, Texas laws of heirship controls.

Surrender Clause A clause commonly found in an oil and gas lease authorizing a lessee to release its rights to all or any portion of the leased premises at any time and be relieved of further obligations relating to the acreage surrendered.

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.

The State of Minnesota owns approximately 12 million acres of mineral rights. The state owns the surface of about 8.5 million acres of land (including DNR-administered and tax-forfeited land), and owns the mineral rights in some, but not all, of these lands.

Non-Apportionment Rule The rule?followed in the majority of states?that royalties accruing under a lease on property that has been subdivided after the lease grant are not to be shared by the owners of the various subdivisions but belong exclusively to the owner of the subdivision where the producing well is located.

Is there more than one type of oil and gas lease? Yes, there are three types: a surface use lease, a non-surface use lease, and a dual purpose lease.

Trusted and secure by over 3 million people of the world’s leading companies

Minnesota Agreement Waiving Surface Use by Oil and Gas Lessee