Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted)

State:
Multi-State
Control #:
US-OG-1151
Format:
Word; 
Rich Text
Instant download

Description

This form is a subsurface underground gas storage lease and agreement from a surface owner with no rights to use the surface of the lands being granted.
Free preview
  • Preview Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted)
  • Preview Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted)
  • Preview Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted)

Related forms

form-preview
Oregon Notice of Termination of Agency from Principal to the General Public or a Specific Person

Oregon Notice of Termination of Agency from Principal to the General Public or a Specific Person

View this form
form-preview
Pennsylvania Notice of Termination of Agency from Principal to the General Public or a Specific Person

Pennsylvania Notice of Termination of Agency from Principal to the General Public or a Specific Person

View this form
form-preview
Rhode Island Notice of Termination of Agency from Principal to the General Public or a Specific Person

Rhode Island Notice of Termination of Agency from Principal to the General Public or a Specific Person

View this form
form-preview
South Carolina Notice of Termination of Agency from Principal to the General Public or a Specific Person

South Carolina Notice of Termination of Agency from Principal to the General Public or a Specific Person

View this form
form-preview
South Dakota Notice of Termination of Agency from Principal to the General Public or a Specific Person

South Dakota Notice of Termination of Agency from Principal to the General Public or a Specific Person

View this form
form-preview
Tennessee Notice of Termination of Agency from Principal to the General Public or a Specific Person

Tennessee Notice of Termination of Agency from Principal to the General Public or a Specific Person

View this form
form-preview
Texas Notice of Termination of Agency from Principal to the General Public or a Specific Person

Texas Notice of Termination of Agency from Principal to the General Public or a Specific Person

View this form

How to fill out Subsurface Underground Storage Lease And Agreement (From A Surface Owner, With No Right Ot Use The Surface Of The Lands Being Granted)?

You may spend hours on the web looking for the authorized record format that fits the federal and state requirements you will need. US Legal Forms supplies 1000s of authorized varieties that happen to be reviewed by specialists. You can actually down load or print out the Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted) from our services.

If you currently have a US Legal Forms bank account, you are able to log in and then click the Acquire button. Afterward, you are able to total, edit, print out, or indicator the Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted). Every single authorized record format you buy is your own property for a long time. To acquire one more version of the obtained develop, check out the My Forms tab and then click the related button.

If you use the US Legal Forms site the very first time, keep to the straightforward directions beneath:

  • Very first, be sure that you have selected the right record format for that county/metropolis that you pick. Browse the develop outline to ensure you have chosen the correct develop. If available, take advantage of the Review button to check from the record format at the same time.
  • In order to locate one more version of your develop, take advantage of the Search field to get the format that meets your needs and requirements.
  • Once you have discovered the format you need, simply click Acquire now to move forward.
  • Select the rates program you need, type in your credentials, and register for your account on US Legal Forms.
  • Full the purchase. You should use your Visa or Mastercard or PayPal bank account to purchase the authorized develop.
  • Select the formatting of your record and down load it for your system.
  • Make adjustments for your record if necessary. You may total, edit and indicator and print out Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted).

Acquire and print out 1000s of record web templates making use of the US Legal Forms site, which provides the largest assortment of authorized varieties. Use skilled and state-specific web templates to handle your small business or person requirements.

Form popularity

FAQ

You may have title to mineral rights on a property you own, or they may have been sold or leased by a prior owner, in which case they may not be yours to sell. Real estate law firms can research your chain of title to determine if the mineral rights transferred from owner to owner.

By Deed For transfers of mineral rights ownership by deed, a mineral deed needs to be created and registered for such transactions. Check with the local government or state recorder of deeds where the land is located to see if a form for a mineral deed can be printed for use.

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.

To find the ownership of mineral rights in Ohio is not a difficult activity. It's quite easy as ownership of mineral rights are recorded in any of the 88 county recorder offices in Ohio.

Oil leases are agreements between an oil and gas company known as the lessee and mineral owners known as a lessor, in which the lessor grants the lessee the permission to explore, drill, and produce those minerals for a specified period known as a primary term or as long as the minerals continue to be productive.

One quick and dirty approach is the ?rule of thumb.? Those following the rule of thumb say that mineral rights are worth a multiple of three to five times the yearly income produced. For example, a mineral right that produces $1,000 a year in royalties would be worth between $3,000 and $5,000 under the rule of thumb.

You could expect anywhere from $750/acre to $3,000+/acre depending on your location in the county. If you are currently leased, that will also play a role in how much your mineral rights are worth. As a general rule of thumb, you can expect around 2x to 3x the lease bonus amount.

Trusted and secure by over 3 million people of the world’s leading companies

Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted)