This form is used when the Lessor desires to sell, subdivide, or partition all or a part of the lands covered by the Lease (the Lands ), and has requested a partial waiver of surface use of certain portions of the Lands subject to the Lease, and a waiver is agreeable to Lessee. This Agreement relates solely to the surface use and does not in any other way affect or diminish the Lessee's rights, interests and estate under the Lease.
The Kentucky Agreement Waiving Surface Use by Oil and Gas Lessee is a legal document that outlines the terms and conditions for the use of surface land in Kentucky by an oil and gas lessee. This agreement is crucial in establishing the rights and limitations of the lessee in accessing and developing oil and gas resources while respecting the property rights of the landowner. The agreement serves as a means to avoid surface disturbance and any potential conflicts between landowners and oil and gas companies in Kentucky. It ensures that the lessee has the necessary rights to extract oil and gas without infringing upon the surface landowner's rights. Some key aspects covered in the Kentucky Agreement Waiving Surface Use by Oil and Gas Lessee include: 1. Consent and Authorization: The agreement requires the surface landowner's consent and authorization for the lessee to access and conduct oil and gas operations on their property. 2. Surface Restrictions: It establishes the restrictions on surface use, which may include limitations on drilling locations, access roads, noise levels, hours of operation, and other concerns specific to the landowner. 3. Compensation: The agreement may include provisions for compensation to the landowner for any surface use, such as damages to crops, structures, or any inconvenience caused during oil and gas operations. 4. Liability and Indemnification: The lessee assumes liability for any damages or injuries caused by their operations and typically agrees to indemnify the landowner against any claims resulting from these activities. It is important to note that there may be different types or variations of the Kentucky Agreement Waiving Surface Use by Oil and Gas Lessee. These variations could include specific terms related to the type of oil and gas operations being conducted, the size of the land parcel, or other unique conditions surrounding the lease agreement. These variations may include: 1. Oil-only vs. Oil and Gas Agreement: Some agreements may pertain only to oil exploration and extraction, while others may cover both oil and gas activities. 2. Different Lease Structures: There could be agreements based on typical lease structures, such as a fixed-term lease or a production-based agreement. These structures may influence the compensation and rights granted to the lessee. 3. Environmental and Conservation Clauses: In certain cases, the Kentucky Agreement Waiving Surface Use may include specific provisions related to environmental protection, habitat preservation, or other conservation efforts. These clauses aim to ensure that the oil and gas operations have minimal impact on the environment. In conclusion, the Kentucky Agreement Waiving Surface Use by Oil and Gas Lessee is a vital document in establishing the rights and responsibilities of both the surface landowner and the lessee. It offers a framework for conducting oil and gas operations while safeguarding the interests of all parties involved.The Kentucky Agreement Waiving Surface Use by Oil and Gas Lessee is a legal document that outlines the terms and conditions for the use of surface land in Kentucky by an oil and gas lessee. This agreement is crucial in establishing the rights and limitations of the lessee in accessing and developing oil and gas resources while respecting the property rights of the landowner. The agreement serves as a means to avoid surface disturbance and any potential conflicts between landowners and oil and gas companies in Kentucky. It ensures that the lessee has the necessary rights to extract oil and gas without infringing upon the surface landowner's rights. Some key aspects covered in the Kentucky Agreement Waiving Surface Use by Oil and Gas Lessee include: 1. Consent and Authorization: The agreement requires the surface landowner's consent and authorization for the lessee to access and conduct oil and gas operations on their property. 2. Surface Restrictions: It establishes the restrictions on surface use, which may include limitations on drilling locations, access roads, noise levels, hours of operation, and other concerns specific to the landowner. 3. Compensation: The agreement may include provisions for compensation to the landowner for any surface use, such as damages to crops, structures, or any inconvenience caused during oil and gas operations. 4. Liability and Indemnification: The lessee assumes liability for any damages or injuries caused by their operations and typically agrees to indemnify the landowner against any claims resulting from these activities. It is important to note that there may be different types or variations of the Kentucky Agreement Waiving Surface Use by Oil and Gas Lessee. These variations could include specific terms related to the type of oil and gas operations being conducted, the size of the land parcel, or other unique conditions surrounding the lease agreement. These variations may include: 1. Oil-only vs. Oil and Gas Agreement: Some agreements may pertain only to oil exploration and extraction, while others may cover both oil and gas activities. 2. Different Lease Structures: There could be agreements based on typical lease structures, such as a fixed-term lease or a production-based agreement. These structures may influence the compensation and rights granted to the lessee. 3. Environmental and Conservation Clauses: In certain cases, the Kentucky Agreement Waiving Surface Use may include specific provisions related to environmental protection, habitat preservation, or other conservation efforts. These clauses aim to ensure that the oil and gas operations have minimal impact on the environment. In conclusion, the Kentucky Agreement Waiving Surface Use by Oil and Gas Lessee is a vital document in establishing the rights and responsibilities of both the surface landowner and the lessee. It offers a framework for conducting oil and gas operations while safeguarding the interests of all parties involved.
