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Indiana Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease

State:
Multi-State
Control #:
US-OG-100
Format:
Word; 
Rich Text
Instant download

Description

If a lessor has retained the right to use gas, this form provides for the transfer of this right to the surface owner of the lands covered by the oil and gas lease granted by the lessor. Description: The Indiana Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease refers to a legal document that grants individuals or entities the right to utilize natural gas obtained from an oil and gas lease without any additional cost. This conveyance is specific to the state of Indiana and is an essential component of oil and gas lease agreements. In Indiana, there are two primary types of conveyance regarding the free use of gas provided for in an oil and gas lease: 1. Conveyance Without Restrictions: This type of conveyance allows the lessee to freely utilize the gas obtained from the leased property for personal or commercial purposes without any limitations or restrictions. The lessee has the right to extract and use the gas without any additional charges. 2. Limited Conveyance: This type of conveyance grants the lessee a certain degree of freedom to use the gas obtained from the leased property. However, there may be specific restrictions or limitations imposed on the volume of gas that can be utilized or the purpose for which it can be used. These limitations are usually agreed upon in the oil and gas lease agreement. Keywords: Indiana, conveyance, right, free use, gas, oil and gas lease, restrictions, limitations, natural gas, leased property, lessee, legal document, commercial purposes, charges.

Description: The Indiana Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease refers to a legal document that grants individuals or entities the right to utilize natural gas obtained from an oil and gas lease without any additional cost. This conveyance is specific to the state of Indiana and is an essential component of oil and gas lease agreements. In Indiana, there are two primary types of conveyance regarding the free use of gas provided for in an oil and gas lease: 1. Conveyance Without Restrictions: This type of conveyance allows the lessee to freely utilize the gas obtained from the leased property for personal or commercial purposes without any limitations or restrictions. The lessee has the right to extract and use the gas without any additional charges. 2. Limited Conveyance: This type of conveyance grants the lessee a certain degree of freedom to use the gas obtained from the leased property. However, there may be specific restrictions or limitations imposed on the volume of gas that can be utilized or the purpose for which it can be used. These limitations are usually agreed upon in the oil and gas lease agreement. Keywords: Indiana, conveyance, right, free use, gas, oil and gas lease, restrictions, limitations, natural gas, leased property, lessee, legal document, commercial purposes, charges.

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Indiana Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease