Mississippi Natural Gas Storage Lease is a legally binding agreement between the lessor (landowner) and the lessee (gas storage operator) for the utilization of underground reservoirs or formations within the state of Mississippi for natural gas storage purposes. It outlines the specific terms and conditions under which the lessee is given the right to inject, store, and withdraw natural gas in these designated areas. Keywords: Mississippi, natural gas, storage, lease, underground reservoirs, formations, terms and conditions, inject, store, withdraw. There are different types of Mississippi Natural Gas Storage Leases based on the specific characteristics and functionalities they offer. These types include: 1. Depleted Reservoir Lease: In this type of lease, the lessee utilizes already depleted natural gas reservoirs, which were formerly used for extraction activities. Such reservoirs are chosen for their suitability to safely store natural gas due to their geological features, including porosity and permeability. 2. Aquifer Storage and Recovery (ASR) Lease: This lease allows the lessee to employ underground aquifers for natural gas storage. Aquifers, capable of storing vast amounts of natural gas, provide a sustainable method to store and retrieve gas in suitable geological formations, ensuring minimal environmental impact. 3. Salt Cavern Lease: This type of lease grants the lessee the right to utilize underground salt formations for natural gas storage. Salt caverns offer increased stability and containment capabilities, making them suitable for storing large volumes of natural gas. Each type of Mississippi Natural Gas Storage Lease may have specific regulations, restrictions, and requirements tailored to the unique geological attributes of the storage area. Please note that the specific terms and classifications of Mississippi Natural Gas Storage Leases may vary, and it is advisable to refer to the relevant legal documentation and authorities for accurate and up-to-date information.