This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
The Indiana Survey of Lands plays a crucial role in the process of Producing or Proration Units within the state's oil and gas industry. This land survey encompasses various types of lands that are essential for resource exploration and production operations. The Indiana Survey of Lands primarily involves the identification and demarcation of specific sections of land within the state. These sections are usually measured in ranges and townships, which are further divided into smaller subdivisions known as sections. The purpose of this survey is to provide a systematic method of land description and allocation for the development of oil and gas resources. Within the Producing or Proration Units, different types of Indiana Survey of Lands are included to ensure efficient resource extraction and utilization. These types include: 1. Township and Range lines: The survey divides the state into a grid-like pattern using north-south lines known as Range lines and east-west lines referred to as Township lines. These lines create a framework for identifying and locating specific areas of land. 2. Sections: Each Township is further divided into smaller sections, usually measuring one square mile (640 acres) in size. Surveyors assign a unique number to each section within a Township, allowing for precise identification and management of resources. 3. Subdivisions: Subdivisions are formed within sections to provide additional granularity for land description and allocation purposes. These subdivisions are marked using unique identifiers such as quarter-sections or government lots. The Indiana Survey of Lands plays a crucial role in the allocation of Producing or Proration Units. These units are established to regulate the production and distribution of oil and gas resources within specific areas. By referencing the Indiana Survey of Lands, the state authorities can accurately determine the boundaries of these units, ensuring fair distribution of resources and adherence to regulations. In conclusion, the Indiana Survey of Lands forms the backbone of producing or proration unit allocation within Indiana's oil and gas industry. By accurately measuring and dividing the land into Township, Range lines, sections, and subdivisions, the survey provides a systematic method of land description and resource allocation. This precise delineation ensures efficient resource extraction and fair distribution, benefiting both the industry and the state's economy.
