The Oregon Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted) is a legal document that outlines the terms and conditions for granting the rights to utilize the underground storage space on a property while not having the authority to use the surface of the land. This type of agreement is important in situations where the surface owner wants to retain ownership and control of the surface while allowing another party to access and use the subsurface for storage purposes. This lease and agreement is specifically designed for situations in Oregon and addresses the unique regulations and requirements set forth by the state. It ensures that both parties involved in the agreement understand their rights, responsibilities, and obligations regarding the use of the subsurface storage space. Keywords: Oregon, subsurface, underground storage, lease and agreement, surface owner, no right to use surface, lands being granted. Types of Oregon Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted): 1. Oil and Gas Storage Lease: This type of agreement specifically caters to the storage of oil and gas reserves in the subsurface. It outlines the terms regarding the storage, extraction, management, and potential environmental considerations associated with storing such commodities. 2. Water Storage Lease: This agreement focuses on the storage of water resources below the surface. It details the conditions under which water can be stored, accessed, and used while not interfering with the surface owner's rights. 3. Chemical Storage Lease: This type of lease specifically pertains to the storage of chemicals below the surface. It covers the requirements and regulations concerning the safe storage, handling, and potential environmental impacts associated with chemical storage. 4. Renewable Energy Storage Lease: This agreement is tailored for the underground storage of renewable energy sources such as compressed air, hydrogen, or thermal energy. It outlines the terms and conditions for utilizing the subsurface for efficient and sustainable energy storage. 5. Mining Storage Lease: This lease and agreement are specific to situations where the subsurface storage space is utilized for mining-related activities. It addresses the rights, responsibilities, and potential impacts associated with storing mining materials or resources underground. Note: These are just some examples of possible subsurface underground storage leases and agreements that can exist in Oregon. The actual types may vary based on specific industry requirements and regulations.
Oregon Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted)
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A mineral rights holder or subsurface rights holder may explore and exploit minerals such as natural gas, oil, and coal below the ground within the boundaries of their specific property. Commonly called mineral rights, these rights are real estate assets, which differ from the rights to the land surface of a property.
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.
A property's surface rights entitle the owner for use of everything above the ground within the property boundaries. This includes structures like buildings and fences, as well as trees and water access rights. Subsurface rights, as the name suggests, refer to the ownership of the land below a property's surface.
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.