New Hampshire Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted)

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• Control #: US-OG-1149
• Format: Word; Rich Text

Description

This form is a subsurface underground storage lease and agreement from a surface owner with no rights to use the surface of the lands being granted. The New Hampshire Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted) is a legally binding contract between a surface owner and a gas storage operator. This agreement allows the gas storage operator to access and utilize the subsurface underground space on the surface owner's property for the purpose of underground gas storage. Keywords: New Hampshire, subsurface underground gas storage, lease and agreement, surface owner, no right to use the surface, gas storage operator, legally binding contract, property, underground gas storage. Types of New Hampshire Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted): 1. Standard Lease Agreement: This is the most common type of lease and agreement where a surface owner grants a gas storage operator the right to access and utilize the subsurface underground space on their property for underground gas storage purposes. The terms and conditions are typically outlined in a standardized lease agreement. 2. Customized Lease Agreement: In some cases, surface owners and gas storage operators may negotiate customized arrangements to meet specific requirements and considerations. This type of lease and agreement will have unique terms and provisions tailored to the needs and preferences of both parties. 3. Short-Term Lease Agreement: Surface owners who wish to grant temporary access to their subsurface underground space for gas storage purposes may enter into a short-term lease agreement. This allows the operator to utilize the space for a specific duration agreed upon in the lease, typically spanning a few months to a few years. 4. Long-Term Lease Agreement: For surface owners who agree to a more extended commitment, a long-term lease agreement can be established. This type of agreement stipulates a more extended duration, often spanning several decades, during which the gas storage operator has the right to access and utilize the subsurface underground space. 5. Recurring Lease Agreement: In situations where the gas storage operator requires ongoing access to the subsurface underground space, a recurring lease agreement can be established. This agreement typically outlines the terms and conditions for periodic access, such as monthly or annually renewable leases. 6. Limited Access Lease Agreement: Surface owners who wish to retain some control over the access and utilization of their property may opt for a limited access lease agreement. This type of agreement allows the gas storage operator restricted access to specific areas or for limited periods, ensuring the surface owners still maintain a level of control. It is essential for both the surface owner and the gas storage operator to consult legal professionals familiar with New Hampshire state laws and regulations to ensure the lease and agreement adequately protect both parties' rights and interests.

The New Hampshire Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted) is a legally binding contract between a surface owner and a gas storage operator. This agreement allows the gas storage operator to access and utilize the subsurface underground space on the surface owner's property for the purpose of underground gas storage. Keywords: New Hampshire, subsurface underground gas storage, lease and agreement, surface owner, no right to use the surface, gas storage operator, legally binding contract, property, underground gas storage. Types of New Hampshire Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted): 1. Standard Lease Agreement: This is the most common type of lease and agreement where a surface owner grants a gas storage operator the right to access and utilize the subsurface underground space on their property for underground gas storage purposes. The terms and conditions are typically outlined in a standardized lease agreement. 2. Customized Lease Agreement: In some cases, surface owners and gas storage operators may negotiate customized arrangements to meet specific requirements and considerations. This type of lease and agreement will have unique terms and provisions tailored to the needs and preferences of both parties. 3. Short-Term Lease Agreement: Surface owners who wish to grant temporary access to their subsurface underground space for gas storage purposes may enter into a short-term lease agreement. This allows the operator to utilize the space for a specific duration agreed upon in the lease, typically spanning a few months to a few years. 4. Long-Term Lease Agreement: For surface owners who agree to a more extended commitment, a long-term lease agreement can be established. This type of agreement stipulates a more extended duration, often spanning several decades, during which the gas storage operator has the right to access and utilize the subsurface underground space. 5. Recurring Lease Agreement: In situations where the gas storage operator requires ongoing access to the subsurface underground space, a recurring lease agreement can be established. This agreement typically outlines the terms and conditions for periodic access, such as monthly or annually renewable leases. 6. Limited Access Lease Agreement: Surface owners who wish to retain some control over the access and utilization of their property may opt for a limited access lease agreement. This type of agreement allows the gas storage operator restricted access to specific areas or for limited periods, ensuring the surface owners still maintain a level of control. It is essential for both the surface owner and the gas storage operator to consult legal professionals familiar with New Hampshire state laws and regulations to ensure the lease and agreement adequately protect both parties' rights and interests.