This is a paragraph that sets out the Agreement that will be in force should some of the lands covered in the original Agreement no longer be subject to the Agreement, due to the lands being acquired by one or more Parties.
Oklahoma Lands Excluded from the Operating Agreement For Pre-1989 Agreements: A Comprehensive Overview In the context of oil and gas exploration and production, Oklahoma boasts a vast expanse of diverse lands abundant with natural resources. However, when discussing the Operating Agreement for pre-1989 agreements, certain lands are excluded from the agreement. This article aims to provide a detailed description of these specific Oklahoma lands, highlighting their key characteristics and significance. 1. Indian Trust Lands: Indian Trust Lands, also known as tribal lands, are an essential part of Oklahoma's geography. These lands are owned by tribal governments or Native American individuals and are primarily excluded from the Operating Agreement for Pre-1989 Agreements. As sovereign entities, tribes generally have their regulatory frameworks governing oil and gas activities on their lands. 2. Split Estate Lands: Split Estate Lands refer to situations where the surface rights and mineral rights of a property are separately owned. In certain cases, individuals own the surface rights, while others possess the mineral rights. Due to this divided ownership structure, the Operating Agreement for Pre-1989 Agreements may exclude these lands, aiming to address potential complexities arising from differing ownership interests. 3. State-Owned Lands: Oklahoma, like many other states, owns and manages vast tracts of land. These state-owned lands may include state parks, wildlife management areas, and other conservation areas. In some instances, such lands may be excluded from the Operating Agreement for Pre-1989 Agreements to protect their unique ecological and recreational values. 4. Federal Lands: Federal lands in Oklahoma encompass a variety of categories, such as national forests, wildlife refuges, and military installations. The exclusion of federal lands from the Operating Agreement for Pre-1989 Agreements primarily stems from the federal government's need to adhere to specific regulations and environmental considerations when leasing or granting access for oil and gas development. 5. Lands under Conservation Easements: Conservation easements are legal agreements between landowners and conservation organizations, aiming to protect natural resources and limit development in perpetuity. Lands under conservation easements are frequently excluded from the Operating Agreement for Pre-1989 Agreements to ensure the preservation of their unique ecological, cultural, or historical values. 6. Ecological and Sensitive Lands: Certain lands in Oklahoma may possess ecological or sensitive features, such as wetlands, endangered species habitats, or areas prone to erosion. These lands are generally excluded from the Operating Agreement for Pre-1989 Agreements to mitigate potential environmental risks and preserve their natural attributes. It is crucial to note that the aforementioned types of Oklahoma lands excluded from the Operating Agreement for Pre-1989 Agreements are indicators of the complex nature of oil and gas exploration and production. The exclusion of these lands ensures compliance with various legal requirements, protects sensitive areas, and respects the rights and interests of diverse stakeholders involved in Oklahoma's resource-rich territory.
Oklahoma Lands Excluded from the Operating Agreement For Pre-1989 Agreements: A Comprehensive Overview In the context of oil and gas exploration and production, Oklahoma boasts a vast expanse of diverse lands abundant with natural resources. However, when discussing the Operating Agreement for pre-1989 agreements, certain lands are excluded from the agreement. This article aims to provide a detailed description of these specific Oklahoma lands, highlighting their key characteristics and significance. 1. Indian Trust Lands: Indian Trust Lands, also known as tribal lands, are an essential part of Oklahoma's geography. These lands are owned by tribal governments or Native American individuals and are primarily excluded from the Operating Agreement for Pre-1989 Agreements. As sovereign entities, tribes generally have their regulatory frameworks governing oil and gas activities on their lands. 2. Split Estate Lands: Split Estate Lands refer to situations where the surface rights and mineral rights of a property are separately owned. In certain cases, individuals own the surface rights, while others possess the mineral rights. Due to this divided ownership structure, the Operating Agreement for Pre-1989 Agreements may exclude these lands, aiming to address potential complexities arising from differing ownership interests. 3. State-Owned Lands: Oklahoma, like many other states, owns and manages vast tracts of land. These state-owned lands may include state parks, wildlife management areas, and other conservation areas. In some instances, such lands may be excluded from the Operating Agreement for Pre-1989 Agreements to protect their unique ecological and recreational values. 4. Federal Lands: Federal lands in Oklahoma encompass a variety of categories, such as national forests, wildlife refuges, and military installations. The exclusion of federal lands from the Operating Agreement for Pre-1989 Agreements primarily stems from the federal government's need to adhere to specific regulations and environmental considerations when leasing or granting access for oil and gas development. 5. Lands under Conservation Easements: Conservation easements are legal agreements between landowners and conservation organizations, aiming to protect natural resources and limit development in perpetuity. Lands under conservation easements are frequently excluded from the Operating Agreement for Pre-1989 Agreements to ensure the preservation of their unique ecological, cultural, or historical values. 6. Ecological and Sensitive Lands: Certain lands in Oklahoma may possess ecological or sensitive features, such as wetlands, endangered species habitats, or areas prone to erosion. These lands are generally excluded from the Operating Agreement for Pre-1989 Agreements to mitigate potential environmental risks and preserve their natural attributes. It is crucial to note that the aforementioned types of Oklahoma lands excluded from the Operating Agreement for Pre-1989 Agreements are indicators of the complex nature of oil and gas exploration and production. The exclusion of these lands ensures compliance with various legal requirements, protects sensitive areas, and respects the rights and interests of diverse stakeholders involved in Oklahoma's resource-rich territory.