Alaska Surface Owner's Release for Settlement of Surface Damages Resulting from Drilling Operations

State:
Multi-State
Control #:
US-OG-405
Format:
Word; 
Rich Text
Instant download

Description

This release is used when a Surface Owner releases and discharges, in full, a Lessee, its officers, agents, contractors, subcontractors, employees, successors, and assigns, from any and all claims, demands, or causes of action caused by or arising from any injuries or damages of whatever kind or character sustained by the Surface Owner personally, or to the property or lands of the Surface Owner, whether now apparent and known to the Surface Owner.

How to fill out Surface Owner's Release For Settlement Of Surface Damages Resulting From Drilling Operations?

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FAQ

The Oklahoma Surface Damage Act guides interactions and negotiations between land surface owners and the oil companies and others who have the mineral rights. In the state, and elsewhere throughout the U.S., the owners of land parcels do not always also have ownership of what may lay below the surface.

In Oklahoma, there are two major categories of land rights: surface rights and mineral rights. Surface rights are rights attached to the surface of the land. With surface rights, you have access to and the ability to build or otherwise use the surface of the land. Mineral rights are sub-surface rights.

Surface rights refer to the legal rights and privileges associated with the use, control, and ownership of the surface of a piece of land or property. These rights typically include the ability to occupy, build, develop, and make use of the land's surface for various purposes.

In Oklahoma, it is against the law to maliciously injure, deface or destroy another person's real or personal property. It is considered a misdemeanor if the amount of damage is valued at less than $1000, and a felony if the damage is valued at $1000 or more.

Surface damage means the removal of, mechanical disturbance to, or introduction of hazardous materials to, the ground surface, vegetation, or soils in a given location.

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Alaska Surface Owner's Release for Settlement of Surface Damages Resulting from Drilling Operations