Montana Agreement Waiving Surface Use by Oil and Gas Lessee

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US-OG-655
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Description

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 Montana Agreement Waiving Surface Use by Oil and Gas Lessee is a legal document that allows for the development of oil and gas resources in Montana while minimizing the impact on the surface landowner. This agreement outlines the terms and conditions under which the lessee can access and exploit the minerals beneath the surface without disturbing the surface land. One type of Montana Agreement Waiving Surface Use by Oil and Gas Lessee is the Surface Use Agreement. This agreement specifies the terms of compensation and outlines the rights and responsibilities of both the oil and gas lessee and the surface landowner. It typically includes provisions for payment of damages, access routes, timing restrictions, and reclamation requirements. Another type of Montana Agreement Waiving Surface Use by Oil and Gas Lessee is the Surface Waiver Agreement. This agreement allows the lessee to waive their right to use the surface and instead access the minerals through alternative means such as horizontal drilling or underground operations. This agreement is particularly useful when the surface land is environmentally sensitive, has cultural or historical significance, or is already developed for other purposes. The Montana Agreement Waiving Surface Use by Oil and Gas Lessee is an essential tool in balancing the interests of mineral development and surface land conservation. It provides a framework for cooperation between the lessee and the landowner, ensuring that the exploitation of oil and gas resources is done responsibly and with minimal disruption to the surface land. Through the agreement, both parties can negotiate and agree upon terms that allow for exploration and extraction while preserving the surface land's integrity and value. Key topics covered in the Montana Agreement Waiving Surface Use by Oil and Gas Lessee may include compensation for surface damages, access and timing restrictions, reclamation and restoration obligations, insurance requirements, and liability provisions. These terms are crucial for safeguarding the surface landowner's interests and ensuring that any potential adverse impacts from oil and gas operations are mitigated. In conclusion, the Montana Agreement Waiving Surface Use by Oil and Gas Lessee is a comprehensive legal instrument that enables the responsible development of oil and gas resources while taking into account the concerns and rights of the surface landowner. By waiving the surface use rights, lessees can access and exploit the minerals beneath the surface in a manner that minimizes disturbances and adheres to environmental, social, and legal standards. Through various types of agreements, such as Surface Use Agreement and Surface Waiver Agreement, the specifics of compensation, access, and reclamation can be negotiated to suit the unique circumstances of each situation.

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FAQ

A mineral lease is a contractual agreement between the owner of a mineral estate (known as the lessor), and another party such as an oil and gas company (the lessee). The lease gives an oil or gas company the right to explore for and develop the oil and gas deposits in the area described in the lease.

Historically, mineral owners (?lessors?) and landmen/oil companies (?lessees?) spend most of their time focusing and negotiating the bonus payment, primary term and royalty provisions of an oil and gas lease. These provisions are important, but they represent only a small number of the important elements of the lease.

An oil or gas lease is a legal document where a landowner grants an individual or company the right to extract oil or gas from beneath the landowner's property. Courts generally find leases to be legally binding, so it is very important that you understand all the terms of a lease before you sign it.

Yes, subsurface rights are considered real property. This includes the rights to any minerals, oil, gas, or other natural resources that may be located beneath the surface of the land. These rights can be bought, sold, leased, or inherited like any other real property.

Subsurface rights are rights to the earth below the land, and any substances found beneath the land's surface.

Subsurface means in a well, or below the surface of the ground. Seismic surveys are used to find subsurface rock structures that may contain hydrocarbons. Directional wells can be used to drill multiple wells from a common drilling pad or to reach a subsurface location beneath land where drilling cannot be done.

An estimated 11.7 million acres of the private land in the state of Montana is split estate, meaning the surface land rights are privately owned and the subsurface mineral rights are federally owned.

A surface use agreement, which is also sometimes referred to as a land use agreement, is an agreement between the landowner and an oil and gas company or an operator for the use of the landowner's land in the development of the oil and gas.

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* Obtain a written waiver for access to the land from the surface owner. * Agree to pay for damages in an amount agreed to by the surface owner. If a good faith. – Surface owner protection is not required on private minerals in. Montana. Surface Use Agreements. • No need to worry about the rest of the terms of the lease.agreement that reasonably accommodates the surface owner's use of the surface ... Revise 82-10-504 to require the oil and gas developer or operator to pay the ... In making such a revision, Lessee shall file of record a written declaration describing the revised unit and stating the effective date of revision. To the. See Owning Leased Oil and Gas Minerals for more information on signing a surface use agreement after leasing. Assignment. It is very common for oil and gas ... Feb 24, 2022 — Include mutual accommodations doctrine language in the surface use agreement to allow mineral development while also allowing the surface owner ... by KP Jones · Cited by 3 — 1) provides the leasing requirements for federal oil and gas interests. Onshore Order No. 1 allows a lessee to obtain surface access in split estate situations ... Each form is designed using a MS Word "Fill in the Blank" format. This allows you to quickly make changes, additions and deletions to prepare your documents. This waiver of surface rights template is executed by an oil and gas exploration company, as lessee under an oil and gas lease, to assure a lessor that the ... EXHIBIT 10.1 PURCHASE AND SALE AGREEMENT THIS AGREEMENT dated this 1st day of October, 2002, is between Burlington Resources Oil & Gas Company LP, a ...

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Montana Agreement Waiving Surface Use by Oil and Gas Lessee