Oklahoma Gas Storage Unit Agreement (Establish Unit on Depleted Producing Property)

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• Control #: US-OG-1016
• Format: Word; Rich Text

Description

This is an agreement to establish a gas storage unit on depleted producing property. The Oklahoma Gas Storage Unit Agreement (Establish Unit on Depleted Producing Property) is a legal contract that outlines the terms and conditions for establishing a gas storage unit on a depleted producing property in Oklahoma. This agreement is specifically designed for use in the state of Oklahoma and pertains to the establishment of units for gas storage purposes. Keywords: Oklahoma, gas storage unit agreement, establish unit, depleted producing property, legal contract, terms and conditions, gas storage, units, state of Oklahoma, gas storage purposes. There are different types of Oklahoma Gas Storage Unit Agreement (Establish Unit on Depleted Producing Property) depending on various factors, including the property's ownership and the intended use of the gas storage unit. Some different types include: 1. Operating Company Agreement: This agreement type is used when an operating company establishes a gas storage unit on a depleted producing property that it owns. It delineates the rights and responsibilities between the operating company and all parties involved. 2. Lease Agreement: In cases where an individual or company leases a depleted producing property to establish a gas storage unit, a lease agreement is necessary. This agreement outlines the terms of the lease, including rent payment, duration, and any specific conditions related to gas storage operations. 3. Joint Venture Agreement: A joint venture agreement is used when multiple parties come together to establish a gas storage unit on a depleted producing property. This agreement sets out the roles and responsibilities of each party, as well as the profit-sharing and decision-making mechanisms. 4. Right-of-Way Agreement: When establishing a gas storage unit requires access to a particular right-of-way area, this agreement is used. It specifies the conditions and terms for accessing the required area for constructing and operating the unit. 5. Easement Agreement: In situations where an easement is necessary to establish a gas storage unit, an easement agreement is used. This agreement grants the right to access and utilize a specific portion of the depleted producing property for gas storage purposes. 6. Operational Agreement: An operational agreement is needed to outline the operational procedures, safety protocols, and maintenance responsibilities for the gas storage unit on the depleted producing property. This agreement ensures compliance with local, state, and federal regulations. These are some different types of Oklahoma Gas Storage Unit Agreement (Establish Unit on Depleted Producing Property), each catering to specific scenarios and requirements related to the establishment and operation of gas storage units in Oklahoma.

The Oklahoma Gas Storage Unit Agreement (Establish Unit on Depleted Producing Property) is a legal contract that outlines the terms and conditions for establishing a gas storage unit on a depleted producing property in Oklahoma. This agreement is specifically designed for use in the state of Oklahoma and pertains to the establishment of units for gas storage purposes. Keywords: Oklahoma, gas storage unit agreement, establish unit, depleted producing property, legal contract, terms and conditions, gas storage, units, state of Oklahoma, gas storage purposes. There are different types of Oklahoma Gas Storage Unit Agreement (Establish Unit on Depleted Producing Property) depending on various factors, including the property's ownership and the intended use of the gas storage unit. Some different types include: 1. Operating Company Agreement: This agreement type is used when an operating company establishes a gas storage unit on a depleted producing property that it owns. It delineates the rights and responsibilities between the operating company and all parties involved. 2. Lease Agreement: In cases where an individual or company leases a depleted producing property to establish a gas storage unit, a lease agreement is necessary. This agreement outlines the terms of the lease, including rent payment, duration, and any specific conditions related to gas storage operations. 3. Joint Venture Agreement: A joint venture agreement is used when multiple parties come together to establish a gas storage unit on a depleted producing property. This agreement sets out the roles and responsibilities of each party, as well as the profit-sharing and decision-making mechanisms. 4. Right-of-Way Agreement: When establishing a gas storage unit requires access to a particular right-of-way area, this agreement is used. It specifies the conditions and terms for accessing the required area for constructing and operating the unit. 5. Easement Agreement: In situations where an easement is necessary to establish a gas storage unit, an easement agreement is used. This agreement grants the right to access and utilize a specific portion of the depleted producing property for gas storage purposes. 6. Operational Agreement: An operational agreement is needed to outline the operational procedures, safety protocols, and maintenance responsibilities for the gas storage unit on the depleted producing property. This agreement ensures compliance with local, state, and federal regulations. These are some different types of Oklahoma Gas Storage Unit Agreement (Establish Unit on Depleted Producing Property), each catering to specific scenarios and requirements related to the establishment and operation of gas storage units in Oklahoma.