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Arizona
Mesa
Subsurface Underground Gas Storage Lease and Agreement (With...

Mesa Arizona Subsurface Underground Gas Storage Lease and Agreement (With Landowner; Long Form)

Category:

Oil Gas and Minerals - Leases

State:

Multi-State

City:

Mesa

Control #:

US-OG-1150

Format:

Word;

Rich Text

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Description

This form is a long form subsurface underground gas storage lease and agreement with landowner.

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Interesting Questions

Who takes care of the gas storage facility?

The company you sign the lease with is responsible for managing everything. Think of them as the custodians of the gas — they handle it all.

What should I know before signing the agreement?

Make sure to read the fine print! It’s like checking the back of a cereal box; you want to know what you're getting into.

Are there any long-term effects on my property?

In most cases, there shouldn’t be any lasting effects, but you might want to keep an eye on things. It’s wise to ask questions beforehand.

Can I still use my land while the gas is stored underground?

Generally, yes! You can continue to use your land for farming or other activities, but it’s best to check the specifics in the agreement.

What happens if something goes wrong with the gas storage?

If there's a problem, the company usually has insurance in place. Just like how you'd want coverage for your car, they'll need to have a backup plan.

What is a Subsurface Underground Gas Storage Lease?

It's an agreement that allows a company to store gas underground on your property. Think of it like lending your basement to a friend for their stuff.