Oregon 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?

Are you currently inside a situation where you need to have paperwork for possibly enterprise or specific functions virtually every day time? There are a variety of lawful record templates available online, but locating kinds you can rely is not simple. US Legal Forms delivers a huge number of kind templates, like the Oregon Agreement Waiving Surface Use by Oil and Gas Lessee, which can be created in order to meet federal and state needs.

When you are previously familiar with US Legal Forms web site and possess a merchant account, merely log in. Next, you may down load the Oregon Agreement Waiving Surface Use by Oil and Gas Lessee template.

Unless you provide an profile and would like to begin using US Legal Forms, follow these steps:

  1. Discover the kind you will need and ensure it is to the correct metropolis/area.
  2. Make use of the Review key to check the shape.
  3. Look at the description to ensure that you have selected the appropriate kind.
  4. In the event the kind is not what you are seeking, make use of the Lookup industry to get the kind that meets your requirements and needs.
  5. Whenever you find the correct kind, just click Purchase now.
  6. Choose the rates program you want, submit the specified information to create your account, and pay for the order utilizing your PayPal or Visa or Mastercard.
  7. Decide on a convenient file format and down load your duplicate.

Discover every one of the record templates you have bought in the My Forms food selection. You can get a additional duplicate of Oregon Agreement Waiving Surface Use by Oil and Gas Lessee any time, if needed. Just click on the essential kind to down load or produce the record template.

Use US Legal Forms, one of the most comprehensive collection of lawful varieties, to save time and avoid mistakes. The support delivers skillfully manufactured lawful record templates which you can use for a variety of functions. Produce a merchant account on US Legal Forms and initiate creating your daily life easier.

Form popularity

FAQ

Whether you have an offer on the table or not, you may have good reasons to sell your mineral rights: To pursue other opportunities. If you have a nonproducing property, you might have to wait years for anything to happen ? and nothing may ever happen, even after multiple leases.

Surface Lease means a lease, easement, or other agreement providing the holder with the right to enter the surface of any land for the purpose of constructing and operating a well, facility, flowline, roadway, or power line; Sample 1.

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 length of oil and gas lease agreements averages around 5 years. Typically, if a parcel is not drilled after a certain period time then the contract expires. Some leases, however, allow for extensions without the grantor's approval.

Held by production is an oil & gas industry term indicating a property is under lease and that the lease is being perpetuated in the secondary term by the production of oil or gas in paying quantities. An oil & gas may be in HBP status for many years if the wells located on the leased land keep producing.

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.

An oil or gas lease is a legal document where a landowner grants an individual or company the right to extract oil or gas from beneath the landowner's property. Courts generally find leases to be legally binding, so it is very important that you understand all the terms of a lease before you sign it.

By way of background, a ?free use? clause is a provision in an oil/gas lease which gives the lessee the right to use gas produced from the leasehold.

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

Oregon Agreement Waiving Surface Use by Oil and Gas Lessee