The Texas 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 freely use the gas obtained from an oil and gas lease, with specific consideration to Texas laws and regulations. This conveyance ensures that the lessee has the authority to utilize the gas resource for personal or commercial purposes without any restrictions. Key features of the Texas Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease include: 1. Granting Ownership Rights: This conveyance confirms that the lessee not only possesses the right to extract oil and gas from the leased property but also has the unencumbered right to use the gas without any limitations or additional payments. 2. Free Gas Provision: The document explicitly aims to provide the lessee with the freedom to utilize the gas resource for various purposes, such as heating, cooking, or any beneficial use desired. It ensures that the lessee need not pay any separate fees or royalties for gas consumption. 3. Texas-Specific Considerations: The Texas Conveyance takes into account the unique regulations and requirements set by the state of Texas regarding the use and extraction of natural resources. It ensures compliance with relevant state laws, including those governing mineral rights, royalty interests, and surface use agreements. 4. Contractual Agreements: The conveyance may outline specific terms and conditions related to the use of the gas, including the quantity that can be utilized, limitations on transferring the right to make free use of gas, or any other agreements between the lessor and the lessee. Different types of Texas Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease may include: 1. Individual Conveyance: A document that grants the right to make free use of gas to a single individual or entity for personal or commercial purposes. 2. Joint Conveyance: In cases where multiple parties hold interests in the oil and gas lease, a joint conveyance can be executed to outline the shared right to make free use of gas. This type of conveyance is essential to avoid conflicts or disputes among the stakeholders. 3. Conveyance with Restrictions: Depending on the mutual agreement between the lessor and the lessee, the conveyance may incorporate specific limitations or restrictions on the utilization of the gas resource. These restrictions might include limitations on the quantity of gas consumed, timeframes or specific periods during which gas can be used, or any other criteria deemed important by both parties. In conclusion, the Texas Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease is a legally binding document that secures the lessee's unrestricted right to use the gas obtained from an oil and gas lease in Texas. It ensures compliance with state regulations while enabling the lessee to enjoy the benefits of gas usage without additional fees or royalties.
Texas Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease
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The granting clause grants the property with its related rights and appurtenances, beginning with ?grants, sells, and conveys.? The habendum clause defines the extent of property ownership conveyed to the grantee, beginning with ?to have and to hold.? The warranty clause describes the warranties of title made by the ...
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.
In oil and gas leases, the habendum clause defines the primary term and secondary term of the lease, dictating how long the lease is in force. When used in the context of oil and gas leases, the focus of the habendum clause is on the "and so long thereafter" portion that extends the lease if conditions are met.
Mineral rights convey or are conveyed ? meaning transferred to a new owner ? through a deed. At the time of the initial mineral rights conveyance, the property deed will include the separation of the surface and mineral rights. Subsequent land deeds will not reference the mineral rights transfer.
In oil and gas leases, the habendum clause defines the primary term and secondary term of the lease, dictating how long the lease is in force. When used in the context of oil and gas leases, the focus of the habendum clause is on the "and so long thereafter" portion that extends the lease if conditions are met.
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.
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.
A Pugh Clause is enforced to ensure that a lessee can be prevented from declaring all lands under an oil and gas lease as being held by production. This remains true even when production only takes place on a fraction of the property.
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.
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.
