Oklahoma Freestone Rider

State:
Multi-State
Control #:
US-OG-842
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

Oklahoma Freestone Rider is a type of motorcycle commonly seen across the state, especially in the rural areas, where biking enthusiasts frequent. It is a powerful and versatile motorcycle designed to tackle Oklahoma's diverse landscapes, which include rugged freestone terrains, winding roads, and open highways. With its exceptional off-road capabilities and comfortable on-road handling, the Oklahoma Freestone Rider is the perfect companion for those seeking thrilling adventures while also enjoying a smooth ride on paved surfaces. This motorcycle is known for its exceptional performance, reliability, and durability, allowing riders to confidently navigate through different terrains. Its powerful engine, typically ranging from 500cc to 1000cc, provides ample torque and acceleration to conquer steep hills and conquer muddy paths. Equipped with advanced suspension systems, the Oklahoma Freestone Rider ensures a comfortable ride over rough surfaces, absorbing shocks and maintaining stability and control. One key feature of the Oklahoma Freestone Rider is its off-road tires, designed with deep treads for enhanced traction and grip on loose gravel, dirt, and wet surfaces. These tires provide excellent stability and maneuverability, making it easier for riders to explore Oklahoma's natural beauty, from the challenging freestone terrains to the vast wilderness. Different types of Oklahoma Freestone Riders may include variations based on engine specifications, such as the Oklahoma Freestone Rider 500 and Oklahoma Freestone Rider 1000, indicating their respective engine capacities. These variations cater to riders with different preferences and requirements, ensuring there is an option for everyone, from beginners to experienced riders. The design of the Oklahoma Freestone Rider is often characterized by its rugged yet sleek aesthetics, providing a visual appeal that complements its performance. The motorcycles are available in various colors, allowing riders to choose the one that best suits their style and personality. Whether riders are embarking on an adrenaline-fueled off-road adventure or cruising on scenic highways, the Oklahoma Freestone Rider delivers a remarkable riding experience. It embodies the spirit of exploration and freedom, making it an iconic choice for motorcycle enthusiasts in Oklahoma and beyond. So, hop on an Oklahoma Freestone Rider and embrace the open road, as this motorcycle promises an unforgettable journey filled with thrilling moments and unforgettable memories.

How to fill out Oklahoma Freestone Rider?

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FAQ

Non-Apportionment Rule The rule?followed in the majority of states?that royalties accruing under a lease on property that has been subdivided after the lease grant are not to be shared by the owners of the various subdivisions but belong exclusively to the owner of the subdivision where the producing well is located.

A phrase (usually contained in a Pugh clause in an oil & gas lease) that terminates the lease after the primary term as to all formations below a particular depth typically defined as the stratigraphic equivalent of the base of the deepest producing formation in the unit.

A Vertical Pugh Clause requires the Operator to release the rights below a defined vertical depth after the primary term of your lease expires. For example, all rights 100 feet below the deepest drilled depth or 100 feet below the deepest formation penetrated.

The point of a retained-acreage provision is to be able to seek a new opportunity to lease unworked land to a different lessee, one who might do something productive with it. A Pugh clause is a negotiated provision in favor of the lessor. Pugh clauses modify pooling/unitization rights.

What is the Pugh clause in an oil and gas lease? A Pugh Clause is enforced to ensure that a lessee can be prevented from declaring all lands under an oil and gas lease as being held by production. This remains true even when production only takes place on a fraction of the property.

The Pugh Clause ? A clause in the Oil and Gas Lease which modifies usual pooling language to provide that drilling operations on or production from a pooled unit will not preserve the whole lease.

A Pugh Clause terminates the lease as to the portions of the land that are not included in a unit if the lessee does not conduct independent operations. Therefore, the Pugh Clause requires the lessee to develop areas of the lease that are not included in a unit.

More info

Oct 8, 2019 — Lessors began to file lawsuits demanding release of these lands outside of the pooled unit or production unit once the primary term had expired. Jul 9, 2014 — Oklahoma is one state which has a strong history of ... Pugh clauses originated in Louisiana, Freestone riders in Freestone County, Texas.by JS Lowe · 1985 — tract in a shallow drilling unit. A Pugh clause or, it is called in Texas, a Freestone rider, may be added as a rider to the lease to preclude this pos-. by GS Warren · 2014 · Cited by 1 — Pugh (“Freestone Rider”) Clauses. Pugh clauses are used to prevent undeveloped leased acreage from being held by a producing well on a ... Deeds - The Royalty Owner Forms Program includes a variety of deed forms: to trusts, out of trust, gift, royalty, mineral, etc. ... Freestone Rider · Fresh Water ... May 18, 2020 — More modern leases include a Pugh Clause or Freestone Rider, which provides that after the primary term, following cessation of continuous ... It refers to a contract clause that allows a landowner to continue receiving royalties from oil and gas production even after the lease has expired. This clause ... APPENDIX A. Freestone Rider or Pugh Clause was developed by attorneys representing landowners.109. Additional retained acreage, or rather, severed acreage ... PUGH CLAUSE (SOMETIMES REFERRED TO AS A~FREESTONE. RIDER):. "If a part of the leased premises is included in a pooled unit or units, then, at the end of the ... There are a total of over 400 forms: Leases, “addendums” or “riders” to add to leases, drafts, lease purchase reports, and other lease related forms. The “New” ...

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Oklahoma Freestone Rider