Utah Gas Storage Agreement and Lease (Surface and Underground)

State:
Multi-State
Control #:
US-OG-1012
Format:
Word; 
Rich Text
Instant download

Description

This is an agreement and lease for surface and underground gas storage.

Utah Gas Storage Agreement and Lease (Surface and Underground) A Utah Gas Storage Agreement and Lease (Surface and Underground) is a legally binding contract between a gas storage operator and a lessee, typically an energy company or a gas storage customer, outlining the terms and conditions of storing natural gas in Utah. The agreement primarily focuses on the surface and underground facilities used for gas storage purposes. It establishes the rights, responsibilities, and obligations of both parties to ensure efficient and safe gas storage operations. Various types of Utah Gas Storage Agreements and Leases are available, depending on the specific requirements of the parties involved. 1. Surface Storage Agreement: This type of agreement primarily covers the land and facilities utilized for gas storage above ground. It outlines the lessee's right to use the designated surface area and structures necessary for gas storage operations, including pipelines, compressors, pumps, and other related infrastructure. The agreement specifies the rental fees, payment terms, and duration of land use or surface rights. 2. Underground Storage Agreement: Underground storage agreements pertain to the subsurface rights required for gas storage activities. It grants the lessee the right to use designated underground reservoirs, such as depleted oil or gas fields, salt caverns, or aquifers, to inject, store, and withdraw natural gas. These agreements define the operational parameters, technical specifications, safety measures, and environmental regulations for underground storage activities. 3. Combined Surface and Underground Storage Agreement: In some cases, a single comprehensive agreement can cover both surface and underground gas storage requirements. This type of agreement consolidates the terms outlined in both surface and underground agreements, ensuring a clear understanding of rights, obligations, and rental fees associated with surface and subsurface utilization. The Utah Gas Storage Agreement and Lease (Surface and Underground) typically includes vital provisions such as: — Operational Rights and Responsibilities: The agreement outlines the lessee's rights to access and operate the gas storage facilities in Utah, including the requirement to maintain and repair the equipment as necessary. It also clarifies the obligation of the operator to provide suitable gas storage conditions, such as pressure levels and operational guidelines. — Rental Fees and Payments: The agreement defines the rental fees, payment terms, and additional costs associated with gas storage operations. It specifies the payment schedule, penalties for late payments, and potential rental rate adjustments over time. — Insurance and Liability: The responsibility for insuring the gas storage facilities against possible risks, damages, or accidents is established in the agreement. It may also include provisions regarding liability for property damage, bodily harm, or environmental impact caused during gas storage operations. — Termination and Renewal: The agreement addresses conditions under which either party can terminate the contract, including the notice period and any penalties. It may also include provisions for renewal or extension of the lease agreement upon mutual agreement. — Compliance with Regulations: The agreement ensures adherence to relevant federal, state, and local laws, regulations, and permits governing gas storage operations in Utah. It highlights the compliance requirements for safety, environmental protection, reporting obligations, and any necessary inspections or audits. Utah Gas Storage Agreement and Leases (Surface and Underground) are tailored to meet the unique needs of each gas storage project while offering a clear legal framework to safeguard the interests of both the operator and the lessee.

Free preview
  • Preview Gas Storage Agreement and Lease (Surface and Underground)
  • Preview Gas Storage Agreement and Lease (Surface and Underground)
  • Preview Gas Storage Agreement and Lease (Surface and Underground)
  • Preview Gas Storage Agreement and Lease (Surface and Underground)
  • Preview Gas Storage Agreement and Lease (Surface and Underground)

How to fill out Utah Gas Storage Agreement And Lease (Surface And Underground)?

You are able to commit hours on the Internet trying to find the legal file web template that suits the federal and state needs you will need. US Legal Forms gives a huge number of legal kinds that happen to be examined by professionals. You can actually down load or produce the Utah Gas Storage Agreement and Lease (Surface and Underground) from your services.

If you already possess a US Legal Forms account, you are able to log in and click on the Download key. Afterward, you are able to complete, change, produce, or signal the Utah Gas Storage Agreement and Lease (Surface and Underground). Every single legal file web template you get is the one you have permanently. To acquire another copy for any purchased form, visit the My Forms tab and click on the corresponding key.

Should you use the US Legal Forms web site the very first time, stick to the straightforward recommendations below:

  • Very first, make sure that you have selected the proper file web template to the state/metropolis of your choice. Read the form description to make sure you have picked out the proper form. If available, make use of the Review key to appear throughout the file web template too.
  • In order to discover another edition of the form, make use of the Lookup discipline to get the web template that suits you and needs.
  • Upon having located the web template you need, click on Buy now to move forward.
  • Find the prices prepare you need, type your credentials, and register for a free account on US Legal Forms.
  • Complete the deal. You may use your credit card or PayPal account to cover the legal form.
  • Find the formatting of the file and down load it for your product.
  • Make modifications for your file if possible. You are able to complete, change and signal and produce Utah Gas Storage Agreement and Lease (Surface and Underground).

Download and produce a huge number of file templates utilizing the US Legal Forms site, which provides the greatest assortment of legal kinds. Use specialist and express-particular templates to deal with your small business or individual requirements.

Form popularity

FAQ

Natural Gas Storage - Storage Fields The working gas requirement is generally about 50% of the total reservoir capacity. Gas is withdrawn in winter season and injected in summer. This type of storage facility can be used for long system supply or peak day.

Natural gas, like most other commodities, can be stored for an indefinite period of time. The exploration, production, and transportation of natural gas takes time, and the natural gas that reaches its destination is not always needed right away, so it is injected into underground storage facilities.

The general process is to inject gas into the caverns using large compressors, then discharge the gas into the national grid. Due to the large pressure changes, significant temperature changes also occur and this adds a layer of complexity to the process.

It is most commonly held in inventory underground under pressure in three types of facilities. These underground facilities are depleted reservoirs in oil and/or natural gas fields, aquifers, and salt cavern formations. Natural gas is also stored in liquid or gaseous form in above?ground tanks.

Compression is needed to prepare the working and cushion gases for underground storage. After compression, H2 and NG are injected into the subsurface through injection wells. Two gases are injected into this system: working gas and cushion gas. The working gas is H2/NG.

A unit agreement entails a BLM-approved agreement to cooperate in all facets of oil and gas production, without regard to lease boundaries and ownership. All unit agreements are subject to Onshore Oil and Gas Operations regulations (43 CFR Part 3160).

Interesting Questions

More info

First and foremost, carefully verify if the Salt Lake Gas Storage Agreement and Lease (Surface and Underground) is adapted to your state's or county's ... How to fill out Salt Lake Utah Underground Storage Lease And Agreement (Surface And Minerals)? Preparing legal documentation can be difficult. In addition ...Ownership of all facilities for the production, storage, treatment, transportation, refining, or processing of oil and gas shall be identified. (b), Well logs, ... (a) a lease of the underlying privately owned oil and gas;. (b) a surface use agreement applicable to the surface land owner's surface land; or. (c) a contract ... May 27, 2014 — Surface Rights and Mineral Rights. A fee simple estate is complete private ownership of the surface land, minerals below and air above. A ... Legacy Energy Forms Include: Lease Agreements; Assignments; Division Orders; Title Curatives; Joint Operating Agreements JOAs; Right of Way and Easement ... UTAH STATE MINERAL LEASE FORM. GEOTHERMAL ENERGY LEASE. THIS MINING LEASE AND AGREEMENT (the “Lease”) is entered into and is effective as of June 1, 2007, ... • Royalties on the sale of test production from the initial lease well before the lease is classified as capable of producing. • Fees on a gas storage agreement. "A caveat to this rule states that surface estates, under the American rule, must allow the oil and gas company holding the mineral estate to complete their ... Utah Oil and Gas Unit Agreement Maps. The Bureau of Land Management (BLM) uses these reference maps to show the location, oil and gas leases as well as ...

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

Utah Gas Storage Agreement and Lease (Surface and Underground)