Hawaii Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure

• Category: Oil Gas and Minerals - Waivers
• State: Multi-State
• Control #: US-OG-155
• Format: Word; Rich Text

Description

This form serves to amend an oil and gas lease to allow a lessee to drill at any location on lands subject to a lease, including a location in close proximity to a building or structure on the lands subject to a lease. In the state of Hawaii, a Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a legally-binding agreement between a lessor and a lessee. This provision is intended to protect the surface property owner from potential damages or risks associated with drilling activities in proximity to structures on the leased land. The purpose of this provision is to restrict any drilling or excavation operations within a predetermined distance of a structure, which could include buildings, dwellings, or any other form of establishment situated on the leased land. By implementing this provision, the lessor ensures the safety and integrity of the structures and surrounding environment, minimizing the risks of accidents, damages, or disruptions that may arise from drilling activities. The Hawaii Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure can be categorized into different types depending on the specific terms and conditions outlined in the agreement. Some of these variations may include: 1. Standard Waiver of Lease Provision: This provision strictly prohibits any drilling activities within the specified distance of structures on the leased property. It sets a clear boundary to protect the structures from potential risks associated with drilling. 2. Customizable Waiver of Lease Provision: This type allows for flexibility in defining the specified distance from the structures, enabling the lessor and lessee to negotiate and agree upon a distance that suits their situation and preferences. 3. Temporary Waiver of Lease Provision: In some cases, the lessor may agree to temporarily waive the prohibition on drilling within the specified distance. This could be for a limited period, allowing for necessary operations to be conducted while ensuring the lessor's concerns are sufficiently addressed. It is important for both parties to carefully review and understand the terms of the Hawaii Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure. Additionally, legal advice should be sought to ensure compliance with relevant laws and regulations pertaining to drilling activities and lease agreements in Hawaii. By implementing this waiver provision, lessors retain the right to protect their structures from potential damages that could arise from drilling operations while maintaining a mutually beneficial lease agreement with the lessees.

In the state of Hawaii, a Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a legally-binding agreement between a lessor and a lessee. This provision is intended to protect the surface property owner from potential damages or risks associated with drilling activities in proximity to structures on the leased land. The purpose of this provision is to restrict any drilling or excavation operations within a predetermined distance of a structure, which could include buildings, dwellings, or any other form of establishment situated on the leased land. By implementing this provision, the lessor ensures the safety and integrity of the structures and surrounding environment, minimizing the risks of accidents, damages, or disruptions that may arise from drilling activities. The Hawaii Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure can be categorized into different types depending on the specific terms and conditions outlined in the agreement. Some of these variations may include: 1. Standard Waiver of Lease Provision: This provision strictly prohibits any drilling activities within the specified distance of structures on the leased property. It sets a clear boundary to protect the structures from potential risks associated with drilling. 2. Customizable Waiver of Lease Provision: This type allows for flexibility in defining the specified distance from the structures, enabling the lessor and lessee to negotiate and agree upon a distance that suits their situation and preferences. 3. Temporary Waiver of Lease Provision: In some cases, the lessor may agree to temporarily waive the prohibition on drilling within the specified distance. This could be for a limited period, allowing for necessary operations to be conducted while ensuring the lessor's concerns are sufficiently addressed. It is important for both parties to carefully review and understand the terms of the Hawaii Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure. Additionally, legal advice should be sought to ensure compliance with relevant laws and regulations pertaining to drilling activities and lease agreements in Hawaii. By implementing this waiver provision, lessors retain the right to protect their structures from potential damages that could arise from drilling operations while maintaining a mutually beneficial lease agreement with the lessees.