The South Dakota Memorandum of Coaled Methane Gas Lease is a legal document that outlines the terms and conditions surrounding the extraction and utilization of coaled methane gas in the state of South Dakota. It is an agreement between the landowner and the lessee, which grants the lessee the rights to explore, drill, and extract gas from the landowner's property. This memorandum establishes the specific terms of the lease, including the duration of the lease, the payment structure, and the responsibilities of both parties involved. The lease can vary depending on the specific terms negotiated between the landowner and the lessee, but there are also some standard provisions common across most South Dakota Memorandums of Coaled Methane Gas Lease. Keywords: South Dakota, Memorandum of Coaled Methane Gas Lease, legal document, terms and conditions, extraction, utilization, exploration, drilling, gas, landowner, lessee, property, duration, payment structure, responsibilities, negotiated, provisions. Different types of South Dakota Memorandums of Coaled Methane Gas Lease may include: 1. Standard South Dakota Memorandum of Coaled Methane Gas Lease: This is a generic lease agreement that outlines the basic terms and conditions for the extraction of coaled methane gas. It covers the fundamental aspects of the lease, such as payment structure and duration. 2. Customized South Dakota Memorandum of Coaled Methane Gas Lease: In some cases, the landowner and lessee might negotiate additional or modified terms to suit their specific requirements. This type of lease may include provisions unique to a particular situation or property. 3. Short-term South Dakota Memorandum of Coaled Methane Gas Lease: If the lessee only intends to extract gas for a limited period, a short-term lease can be employed. This lease typically has a shorter duration and may have different payment terms compared to long-term leases. 4. Long-term South Dakota Memorandum of Coaled Methane Gas Lease: This type of lease is characterized by its longer duration, sometimes spanning several years or even decades. It provides the lessee with an extended period to explore, extract, and benefit from the coaled methane gas resources on the property. 5. Joint Venture South Dakota Memorandum of Coaled Methane Gas Lease: In certain cases, multiple parties might enter into a joint venture to lease a property for coaled methane gas extraction. This type of lease outlines the terms and conditions specific to a joint venture agreement, including profit-sharing and responsibilities among the participating parties. Keywords: Standard, customized, short-term, long-term, joint venture, lease agreement, generic, specific requirements, limited period, payment terms, duration, multiple parties, profit-sharing, participating parties.