Utah Term Royalty Deed for Term of Existing Lease

State:
Multi-State
Control #:
US-OG-047
Format:
Word; 
Rich Text
Instant download

Description

This form provides for a conveyance of a royalty interest for a term, the duration of which is the life of an existing oil and gas lease.
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FAQ

You can look up your Utah mineral rights using the BLM's Utah Interactive Map or the Utah Department of Natural Resources Division of Oil, Gas and Mining's (UDOGM) interactive GIS map. Each state has a different GIS map, and some are easier to use than others. Fortunately, Utah's GIS map is very easy to use.

In Utah, a tenant may be able to break their lease without incurring a penalty for any of the following reasons. Early Lease Termination Clause. Does your lease agreement have an early termination clause? ... Active Military Duty. ... Domestic Violence. ... Privacy Violation. ... Landlord Harassment. ... Warranty of Habitability.

Utah produces significant copper, gold, molybdenum, magnesium, and silver, and is the leading global producer of beryllium. In addition to significant historical production of lead, zinc, iron, and vanadium, there are several other metallic resources found throughout the state.

It contains significant supplies of oil, natural gas, coal, uranium, and oil shale and oil sands; base metals such as copper, beryllium, magnesium and molybdenum; and industrial minerals such as potash, salt, magnesium chloride and gilsonite.

Except as is reasonably necessary to conduct oil and gas operations, an owner or operator shall mitigate the effects of accessing the surface land owner's surface land, minimize interference with the surface land owner's use of the surface land owner's property, and compensate a surface land owner for unreasonable loss ...

Utah mineral rights include crude oil and natural gas. Utah ranks 13th in the nation for crude oil production and 8th in the nation for natural gas production. Utah currently has approximately 8,600 wells producing oil and natural gas.

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Utah Term Royalty Deed for Term of Existing Lease