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

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• Control #: US-OG-100
• Format: Word; Rich Text

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. Keywords: Kentucky, conveyance, right, free use, gas, oil and gas lease. A Kentucky Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease is a legal document that grants the right to freely use the gas extracted from the leased property, as stipulated in an oil and gas lease agreement. This conveyance ensures that the lessee has the authority to utilize the gas for various purposes without any additional charges or restrictions beyond what is specified in the lease. Types of Kentucky Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease include: 1. Absolute Conveyance: An absolute conveyance grants the lessee an unconditional right to make free use of the gas provided for in the oil and gas lease. This type of conveyance allows the lessee to utilize the gas without any limitations. 2. Partial Conveyance: A partial conveyance provides the lessee with a limited right to make free use of the gas. This means that there may be certain restrictions or conditions imposed on the usage or quantities of gas that can be utilized by the lessee. 3. Conveyance with Restrictions: In certain cases, a conveyance of the right to make free use of gas may come with specific restrictions. These restrictions could include limitations on the amount of gas that can be used, the purpose for which it can be used, or the duration of the right to use the gas. Important Points to Consider in a Kentucky Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease: a. Duration: The conveyance should clearly specify the duration for which the right to make free use of gas is granted. This should align with the lease agreement terms. b. Quantity: The conveyance should clearly state the limits, if any, on the quantities of gas that can be used by the lessee without any additional charges. c. Purpose: The conveyance may specify the allowed purposes for which the gas can be used. This could include heating, power generation, commercial use, or any other approved purposes. d. Compliance: The lessee must ensure compliance with all laws, regulations, and environmental stipulations related to the extraction and usage of gas. e. Termination: The conveyance should outline the conditions under which the right to make free use of gas can be terminated, such as non-compliance or expiration of the lease agreement. In conclusion, a Kentucky Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease is a legal document that grants the lessee the right to freely use the gas extracted from the leased property as specified in the lease agreement. The conveyance may be absolute, partial, or come with certain restrictions, ensuring appropriate utilization of the gas resource.

Keywords: Kentucky, conveyance, right, free use, gas, oil and gas lease. A Kentucky Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease is a legal document that grants the right to freely use the gas extracted from the leased property, as stipulated in an oil and gas lease agreement. This conveyance ensures that the lessee has the authority to utilize the gas for various purposes without any additional charges or restrictions beyond what is specified in the lease. Types of Kentucky Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease include: 1. Absolute Conveyance: An absolute conveyance grants the lessee an unconditional right to make free use of the gas provided for in the oil and gas lease. This type of conveyance allows the lessee to utilize the gas without any limitations. 2. Partial Conveyance: A partial conveyance provides the lessee with a limited right to make free use of the gas. This means that there may be certain restrictions or conditions imposed on the usage or quantities of gas that can be utilized by the lessee. 3. Conveyance with Restrictions: In certain cases, a conveyance of the right to make free use of gas may come with specific restrictions. These restrictions could include limitations on the amount of gas that can be used, the purpose for which it can be used, or the duration of the right to use the gas. Important Points to Consider in a Kentucky Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease: a. Duration: The conveyance should clearly specify the duration for which the right to make free use of gas is granted. This should align with the lease agreement terms. b. Quantity: The conveyance should clearly state the limits, if any, on the quantities of gas that can be used by the lessee without any additional charges. c. Purpose: The conveyance may specify the allowed purposes for which the gas can be used. This could include heating, power generation, commercial use, or any other approved purposes. d. Compliance: The lessee must ensure compliance with all laws, regulations, and environmental stipulations related to the extraction and usage of gas. e. Termination: The conveyance should outline the conditions under which the right to make free use of gas can be terminated, such as non-compliance or expiration of the lease agreement. In conclusion, a Kentucky Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease is a legal document that grants the lessee the right to freely use the gas extracted from the leased property as specified in the lease agreement. The conveyance may be absolute, partial, or come with certain restrictions, ensuring appropriate utilization of the gas resource.