Wisconsin Gas Processing Rights Agreement

State:
Multi-State
Control #:
US-OG-1011
Format:
Word; 
Rich Text
Instant download

Description

This form is a gas processing rights agreement.

The Wisconsin Gas Processing Rights Agreement is a legal contract that governs the rights and obligations related to the processing of natural gas in the state of Wisconsin. This agreement is designed to outline the terms and conditions under which gas processing operations are conducted, ensuring fair and efficient utilization of gas reserves while maintaining environmental standards. The Wisconsin Gas Processing Rights Agreement is particularly relevant to individuals, companies, and organizations involved in the extraction, transportation, and processing of natural gas within the state. It covers a wide range of aspects, including the ownership and control of gas at various stages of the processing cycle, compensation and royalty rates, environmental protection measures, and dispute resolution mechanisms. Within the realm of gas processing rights agreements in Wisconsin, different types may exist to cater to specific circumstances or arrangements. These variations can be: 1. Individual Gas Processing Rights Agreement: In this type, a single individual or landowner enters into a contract with a gas processing company, granting them the right to process gas identified on their property. The agreement would entail details on royalties, payment terms, and environmental considerations. 2. Joint Venture Gas Processing Rights Agreement: This type involves multiple parties, such as landowners, gas producers, and processing companies, coming together to form a joint venture for gas processing. The agreement outlines the rights, responsibilities, and profit-sharing arrangements among the participating entities. 3. Public-Private Partnership Gas Processing Rights Agreement: In certain cases, the government of Wisconsin may enter into a partnership with private companies to exploit and process natural gas resources. This form of agreement establishes the rights and obligations of both public and private entities involved in gas processing operations. 4. Commercial Gas Processing Rights Agreement: This type of agreement is generally executed between gas processing companies and gas producers or suppliers. It defines the terms of processing, delivery, and payment for the gas processed, including factors such as quality specifications, pricing mechanisms, and transportation obligations. Wisconsin, known for its abundant natural gas reserves, relies on the Wisconsin Gas Processing Rights Agreement to regulate and manage gas processing activities effectively. It ensures that all stakeholders operate within a legally binding framework, promoting fair and sustainable gas extraction and processing practices while safeguarding the rights and interest of all parties involved.

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FAQ

Length of Easements Terms The easement becomes part of the property deed and is thereafter transferred with the property. Except in certain farmland situations, the easement compensation is a one- time payment by the utility to be allowed to maintain the ROW and protect the line in perpetuity.

Wisconsin law allows people who trespass and encroach on other's land for a long period of time (typically 20 years) to develop an ownership claim to the property.

There are many lots in Wisconsin that do not have legal access to a public road, and ingly, are considered landlocked. Although such parcels may be sold, the valuation of the property may be tricky if there is no legal access.

Electric and natural gas utility easement guidelines Lots with minimal vegetation along lot lines and relatively even terrain should have a utility easement of a 8-foot-wide strip along each side of each lot and a 15-foot-wide strip along rear of each lot.

An easement by necessity is an easement that is created when the owner of a landlocked parcel has no access to a public right of way such as a street or highway.

An affirmative easement, also known as a positive easement, grants permission for land to be used for a specific purpose. Without this type of easement an act may be considered trespassing or nuisance. Examples of affirmative easements might include: Utility access for water, power lines, septic systems.

If the seller fails to provide the required easement, the town board may, pursuant to proceedings under this section, lay out a road at least 66 feet wide from the inaccessible land to the public highway over the remaining lands of the seller without assessment of damages or compensation to the seller.

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Wisconsin Gas Processing Rights Agreement