This Agreement contemplates the lessor in an oil and gas lease is also the surface owner. It provides for the lessee to pay specific sums for each enumerated activity the lessee conducts on the land covered by the oil and gas lease and this Agreement.
Omaha Nebraska Surface Use Compensation Agreement Related Searches
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Interesting Questions
Yes, there are state and federal laws that lay out the guidelines and protections for property owners involved in these agreements.
If you don’t sign, the company typically cannot proceed with their plan to use your land for resource extraction.
The process usually involves discussions between property owners and the companies wanting to use the land, followed by drafting and signing the agreement.
You may receive fair compensation for any damages or disruptions caused by accessing the underground resources, but the specifics can vary.
Typically, it's the property owner who needs to sign this agreement before any work begins on their land.
It's an agreement that sets the rules for how land can be used and compensated when someone wants to access the underground resources on your property.