North Dakota Surface Use Compensation Agreement

State:
Multi-State
Control #:
US-OG-146
Format:
Word; 
Rich Text
Instant download

Description

This Agreement contemplates the lessor in an oil and gas lease is also the surface owner. It provides for the lessee to pay specific sums for each enumerated activity the lessee conducts on the land covered by the oil and gas lease and this Agreement. The North Dakota Surface Use Compensation Agreement (SUA) is a legal contract that outlines the terms and conditions regarding the use of surface lands for oil, gas, and mineral exploration and extraction activities in the state of North Dakota. This agreement ensures fair compensation to surface landowners for any disturbance, damages, or inconveniences caused by the activities. The SUA is a crucial document as it establishes a mutually beneficial relationship between the mineral rights owner and the surface landowner. It allows the mineral rights' owner to access and utilize the subsurface resources while protecting the rights and interests of the surface landowner. There are various types of North Dakota Surface Use Compensation Agreement, including: 1. Standard SUA: This agreement lays out the standard terms and conditions for surface use compensation. It covers aspects such as payment rates, drilling operations, access roads, reclamation, indemnification, and liability. 2. Comprehensive SUA: This type of agreement encompasses additional provisions for more complex exploration and development projects. It may include requirements for environmental impact assessments, noise and light pollution mitigation, water management, and other specific regulations. 3. Temporary SUA: This agreement is applicable when surface use is required for a limited duration, such as for seismic surveys or short-term drilling operations. It stipulates the compensation terms for the temporary disturbance and the restoration of the land following completion of the activities. 4. Long-term SUA: In cases where ongoing exploration or production activities are anticipated, a long-term SUA is established. This agreement specifies the compensation terms for extended durations and provides guidelines for regular land inspections, monitoring, and maintenance. 5. Farm-out SUA: This type of agreement is relevant when a mineral rights owner wants to transfer the rights to another entity for exploration or extraction activities. The farm-out SUA outlines the compensation arrangements and responsibilities between the original mineral rights owner and the new operator. Keywords: North Dakota, Surface Use Compensation Agreement, SUA, surface lands, oil, gas, mineral exploration, extraction activities, disturbance, damages, compensation, surface landowners, mineral rights' owner, subsurface resources, access roads, reclamation, indemnification, liability, comprehensive, temporary, long-term, farm-out.

The North Dakota Surface Use Compensation Agreement (SUA) is a legal contract that outlines the terms and conditions regarding the use of surface lands for oil, gas, and mineral exploration and extraction activities in the state of North Dakota. This agreement ensures fair compensation to surface landowners for any disturbance, damages, or inconveniences caused by the activities. The SUA is a crucial document as it establishes a mutually beneficial relationship between the mineral rights owner and the surface landowner. It allows the mineral rights' owner to access and utilize the subsurface resources while protecting the rights and interests of the surface landowner. There are various types of North Dakota Surface Use Compensation Agreement, including: 1. Standard SUA: This agreement lays out the standard terms and conditions for surface use compensation. It covers aspects such as payment rates, drilling operations, access roads, reclamation, indemnification, and liability. 2. Comprehensive SUA: This type of agreement encompasses additional provisions for more complex exploration and development projects. It may include requirements for environmental impact assessments, noise and light pollution mitigation, water management, and other specific regulations. 3. Temporary SUA: This agreement is applicable when surface use is required for a limited duration, such as for seismic surveys or short-term drilling operations. It stipulates the compensation terms for the temporary disturbance and the restoration of the land following completion of the activities. 4. Long-term SUA: In cases where ongoing exploration or production activities are anticipated, a long-term SUA is established. This agreement specifies the compensation terms for extended durations and provides guidelines for regular land inspections, monitoring, and maintenance. 5. Farm-out SUA: This type of agreement is relevant when a mineral rights owner wants to transfer the rights to another entity for exploration or extraction activities. The farm-out SUA outlines the compensation arrangements and responsibilities between the original mineral rights owner and the new operator. Keywords: North Dakota, Surface Use Compensation Agreement, SUA, surface lands, oil, gas, mineral exploration, extraction activities, disturbance, damages, compensation, surface landowners, mineral rights' owner, subsurface resources, access roads, reclamation, indemnification, liability, comprehensive, temporary, long-term, farm-out.

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North Dakota Surface Use Compensation Agreement