Maine Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations - Long Form

• Category: Oil Gas and Minerals - Water
• State: Multi-State
• Control #: US-OG-159
• Format: Word; Rich Text

Description

This form is an agreement between parties providing for the sale of water to a lessee for use in secondary recovery operations. Maine Fresh Water Purchase Agreement between Landowner and Operator for Use in Secondary Recovery Operations — Long Form Introduction: The Maine Fresh Water Purchase Agreement between Landowner and Operator is a legal contract that outlines the terms and conditions for the purchase of fresh water by an operator from a landowner in the state of Maine. This agreement specifically focuses on secondary recovery operations, where fresh water is required for various industrial processes, such as hydraulic fracturing, chemical manufacturing, or power generation. Key Terms and Definitions: 1. Landowner: Refers to the party who owns the land and possesses the water rights necessary to sell fresh water to the operator. 2. Operator: Represents the party responsible for initiating and managing secondary recovery operations, which rely on the supply of fresh water. 3. Fresh Water: Denotes water that is suitable for industrial use, meeting specific quality standards and free from contaminants. 4. Secondary Recovery Operations: Refers to industrial activities that aim to recover valuable resources, such as oil, gas, or minerals, from a previously tapped or depleted source. 5. Consideration: The agreed-upon price, terms, and conditions for the purchase of fresh water as outlined in this agreement. 6. Water Allocation: The agreed-upon volume of fresh water that the operator is permitted to extract, purchase, and use for secondary recovery operations. 7. Term: The duration within which this agreement remains enforceable, typically including a start and end date. 8. Force Mature: Unforeseen events beyond the control of the parties involved, such as natural disasters or government regulations, which may impact the execution of this agreement. Specific Provisions: 1. Water Allocation and Source: The agreement should include precise details regarding the annual/periodic volume of fresh water the operator is authorized to extract from the landowner's water source(s), including information about applicable permits or licenses required for water diversion. 2. Payment and Invoicing: The payment structure, including unit price, frequency, and method of payment, should be outlined. Additionally, the invoice generation and payment terms should be specified. 3. Quality Control: The agreement should describe the quality standards that the fresh water must meet and the obligations of both parties to ensure compliance. 4. Replenishment and Sustainability: The parties should agree on guidelines to replenish the water source if necessary, including measures to maintain environmental sustainability and mitigate any potential ecological impacts. 5. Default and Termination: The agreement should establish the consequences of non-compliance or default by either party, as well as the process and conditions for termination of the agreement. 6. Indemnification and Liability: The respective responsibilities and liabilities of the landowner and operator concerning any potential damages or claims arising from the extraction and use of fresh water should be clearly stated. Types of Maine Fresh Water Purchase Agreement Between Landowner and Operator — Long Form: 1. Fracturing Operation Agreement: A specific agreement tailored for the purchase of fresh water used in hydraulic fracturing operations. 2. Mining Operation Agreement: A specialized agreement designed for the purchase of fresh water required in mining and mineral extraction processes. 3. Power Generation Operation Agreement: An agreement focused on the procurement of fresh water for use in power generation facilities, such as hydroelectric plants. 4. Chemical Manufacturing Operation Agreement: This type of agreement caters to the purchase of fresh water utilized in chemical manufacturing processes. In conclusion, the Maine Fresh Water Purchase Agreement between Landowner and Operator for Use in Secondary Recovery Operations — Long Form serves as a comprehensive legal document that governs the purchase, usage, and associated terms related to fresh water required in various industrial operations. Its provisions encompass critical factors such as water allocation, payment structure, quality control, sustainability, default and termination clauses, and liability, ensuring a balanced and mutually beneficial arrangement between the landowner and operator.

Maine Fresh Water Purchase Agreement between Landowner and Operator for Use in Secondary Recovery Operations — Long Form Introduction: The Maine Fresh Water Purchase Agreement between Landowner and Operator is a legal contract that outlines the terms and conditions for the purchase of fresh water by an operator from a landowner in the state of Maine. This agreement specifically focuses on secondary recovery operations, where fresh water is required for various industrial processes, such as hydraulic fracturing, chemical manufacturing, or power generation. Key Terms and Definitions: 1. Landowner: Refers to the party who owns the land and possesses the water rights necessary to sell fresh water to the operator. 2. Operator: Represents the party responsible for initiating and managing secondary recovery operations, which rely on the supply of fresh water. 3. Fresh Water: Denotes water that is suitable for industrial use, meeting specific quality standards and free from contaminants. 4. Secondary Recovery Operations: Refers to industrial activities that aim to recover valuable resources, such as oil, gas, or minerals, from a previously tapped or depleted source. 5. Consideration: The agreed-upon price, terms, and conditions for the purchase of fresh water as outlined in this agreement. 6. Water Allocation: The agreed-upon volume of fresh water that the operator is permitted to extract, purchase, and use for secondary recovery operations. 7. Term: The duration within which this agreement remains enforceable, typically including a start and end date. 8. Force Mature: Unforeseen events beyond the control of the parties involved, such as natural disasters or government regulations, which may impact the execution of this agreement. Specific Provisions: 1. Water Allocation and Source: The agreement should include precise details regarding the annual/periodic volume of fresh water the operator is authorized to extract from the landowner's water source(s), including information about applicable permits or licenses required for water diversion. 2. Payment and Invoicing: The payment structure, including unit price, frequency, and method of payment, should be outlined. Additionally, the invoice generation and payment terms should be specified. 3. Quality Control: The agreement should describe the quality standards that the fresh water must meet and the obligations of both parties to ensure compliance. 4. Replenishment and Sustainability: The parties should agree on guidelines to replenish the water source if necessary, including measures to maintain environmental sustainability and mitigate any potential ecological impacts. 5. Default and Termination: The agreement should establish the consequences of non-compliance or default by either party, as well as the process and conditions for termination of the agreement. 6. Indemnification and Liability: The respective responsibilities and liabilities of the landowner and operator concerning any potential damages or claims arising from the extraction and use of fresh water should be clearly stated. Types of Maine Fresh Water Purchase Agreement Between Landowner and Operator — Long Form: 1. Fracturing Operation Agreement: A specific agreement tailored for the purchase of fresh water used in hydraulic fracturing operations. 2. Mining Operation Agreement: A specialized agreement designed for the purchase of fresh water required in mining and mineral extraction processes. 3. Power Generation Operation Agreement: An agreement focused on the procurement of fresh water for use in power generation facilities, such as hydroelectric plants. 4. Chemical Manufacturing Operation Agreement: This type of agreement caters to the purchase of fresh water utilized in chemical manufacturing processes. In conclusion, the Maine Fresh Water Purchase Agreement between Landowner and Operator for Use in Secondary Recovery Operations — Long Form serves as a comprehensive legal document that governs the purchase, usage, and associated terms related to fresh water required in various industrial operations. Its provisions encompass critical factors such as water allocation, payment structure, quality control, sustainability, default and termination clauses, and liability, ensuring a balanced and mutually beneficial arrangement between the landowner and operator.