Nevada 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. Title: Nevada Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations — Long Form Keywords: Nevada, fresh water, purchase agreement, landowner, operator, secondary recovery operations Introduction: This detailed description will provide an overview of the Nevada Fresh Water Purchase Agreement between a landowner and operator for use in secondary recovery operations. This long-form agreement outlines the terms and conditions under which fresh water can be acquired by the operator from the landowner, specifically for secondary recovery operations within the state of Nevada. Key Provisions: 1. Parties Involved: — Identify the landowner and operator involved in the agreement, including their legal names, addresses, and contact information. 2. Purpose: — Clearly define the purpose of the agreement, emphasizing that it is intended for secondary recovery operations, which typically involve the injection of water into oil or gas reservoirs to enhance production. 3. Water Rights: — Specify the water rights owned by the landowner, ensuring their availability for purchase by the operator. — Include provisions addressing the quantity, quality, and permissible uses of the water for secondary recovery operations. 4. Purchase Terms: — Outline the purchase price and payment terms for the fresh water provided by the landowner, taking into consideration the quantity required and any applicable changes based on market conditions or inflation. — Detail the frequency and manner of payments, including penalties for late payments or non-compliance. 5. Quantity and Delivery: — Determine the volume of fresh water that the landowner can supply and the delivery schedule agreed upon between the parties. — Specify the acceptable methods and locations for delivering the water to the operator's designated sites for secondary recovery operations. 6. Duration and Termination: — Define the duration of the agreement, including the start and end dates, as well as any provisions for renewal or extension. — Identify the circumstances under which either party can terminate the agreement, and the associated notice period required. 7. Liabilities and Indemnification: — Address the liability and indemnification aspects related to water usage, ensuring that all relevant permissions, licenses, and permits have been obtained to mitigate any legal or environmental risks. 8. Confidentiality and Non-Disclosure: — Include provisions to maintain the confidentiality of all information shared between the parties during the course of the agreement, safeguarding trade secrets or any sensitive data. 9. Governing Law and Dispute Resolution: — Determine the governing law of the agreement, specifying the state of Nevada, and outline the preferred method of dispute resolution, such as arbitration or mediation. Types: While there are no specific types of Nevada Fresh Water Purchase Agreement between Landowner and Operator for use in secondary recovery operations, different versions or variations of this agreement may exist based on individual negotiations, specific contractual requirements, or local regulations. Conclusion: The Nevada Fresh Water Purchase Agreement Between Landowner and Operator for Use in Secondary Recovery Operations is a comprehensive long-form agreement that establishes the terms and conditions for acquiring fresh water from a landowner by an operator, specifically for the purpose of secondary recovery operations in the state of Nevada. By addressing essential provisions related to water rights, purchase terms, delivery, and termination, this agreement ensures a clear understanding between the parties involved, thus facilitating the smooth operation of secondary recovery operations while adhering to legal and environmental obligations.

Title: Nevada Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations — Long Form Keywords: Nevada, fresh water, purchase agreement, landowner, operator, secondary recovery operations Introduction: This detailed description will provide an overview of the Nevada Fresh Water Purchase Agreement between a landowner and operator for use in secondary recovery operations. This long-form agreement outlines the terms and conditions under which fresh water can be acquired by the operator from the landowner, specifically for secondary recovery operations within the state of Nevada. Key Provisions: 1. Parties Involved: — Identify the landowner and operator involved in the agreement, including their legal names, addresses, and contact information. 2. Purpose: — Clearly define the purpose of the agreement, emphasizing that it is intended for secondary recovery operations, which typically involve the injection of water into oil or gas reservoirs to enhance production. 3. Water Rights: — Specify the water rights owned by the landowner, ensuring their availability for purchase by the operator. — Include provisions addressing the quantity, quality, and permissible uses of the water for secondary recovery operations. 4. Purchase Terms: — Outline the purchase price and payment terms for the fresh water provided by the landowner, taking into consideration the quantity required and any applicable changes based on market conditions or inflation. — Detail the frequency and manner of payments, including penalties for late payments or non-compliance. 5. Quantity and Delivery: — Determine the volume of fresh water that the landowner can supply and the delivery schedule agreed upon between the parties. — Specify the acceptable methods and locations for delivering the water to the operator's designated sites for secondary recovery operations. 6. Duration and Termination: — Define the duration of the agreement, including the start and end dates, as well as any provisions for renewal or extension. — Identify the circumstances under which either party can terminate the agreement, and the associated notice period required. 7. Liabilities and Indemnification: — Address the liability and indemnification aspects related to water usage, ensuring that all relevant permissions, licenses, and permits have been obtained to mitigate any legal or environmental risks. 8. Confidentiality and Non-Disclosure: — Include provisions to maintain the confidentiality of all information shared between the parties during the course of the agreement, safeguarding trade secrets or any sensitive data. 9. Governing Law and Dispute Resolution: — Determine the governing law of the agreement, specifying the state of Nevada, and outline the preferred method of dispute resolution, such as arbitration or mediation. Types: While there are no specific types of Nevada Fresh Water Purchase Agreement between Landowner and Operator for use in secondary recovery operations, different versions or variations of this agreement may exist based on individual negotiations, specific contractual requirements, or local regulations. Conclusion: The Nevada Fresh Water Purchase Agreement Between Landowner and Operator for Use in Secondary Recovery Operations is a comprehensive long-form agreement that establishes the terms and conditions for acquiring fresh water from a landowner by an operator, specifically for the purpose of secondary recovery operations in the state of Nevada. By addressing essential provisions related to water rights, purchase terms, delivery, and termination, this agreement ensures a clear understanding between the parties involved, thus facilitating the smooth operation of secondary recovery operations while adhering to legal and environmental obligations.