Title: Understanding the Oregon Mineral Owner Consent Agreement for Underground Gas Storage Lease and Agreement Keywords: Oregon, Mineral Owner Consent Agreement, Underground Gas Storage Lease, Agreement, types Introduction: The Oregon Mineral Owner Consent Agreement to Underground Gas Storage Lease and Agreement is a legally binding document that outlines the terms and conditions under which a mineral owner grants consent for underground gas storage on their property. This agreement is vital for ensuring the smooth operation of gas storage facilities while prioritizing the rights and responsibilities of the mineral owners. Types of Oregon Mineral Owner Consent Agreements: 1. Voluntary Consent Agreement: A Voluntary Consent Agreement allows a mineral owner to directly negotiate the terms and conditions of the underground gas storage lease and agreement. This type of agreement provides the mineral owner with greater control over the process and ensures their consent is obtained willingly. 2. Compulsory Consent Agreement: In cases where a mineral owner refuses to negotiate or reach a voluntary agreement, the gas storage operator may apply for a Compulsory Consent Agreement. This agreement is granted by the Oregon Department of Geology and Mineral Industries (DOGMA) under the Oregon Revised Statutes and specifies the terms and conditions that must be followed for gas storage operations. Key Elements of the Oregon Mineral Owner Consent Agreement: 1. Grant of Consent: The agreement must clearly state that the mineral owner grants consent to the gas storage operator for the underground storage of natural gas within their property. It should detail the specific types of gas storage activities permitted. 2. Compensation and Royalties: The agreement should outline the compensation and royalty payments the mineral owner will receive for the use of their property. This includes any upfront fees, ongoing royalty percentages, and bonus payments. 3. Surface Protection and Restoration: To safeguard the mineral owner's property, the agreement should address measures to protect the surface land from damage caused by the gas storage operations. It should also specify the responsibilities of the gas storage operator in restoring the land post-operation. 4. Liability and Indemnification: The agreement should cover liabilities and indemnification clauses to protect the parties involved. It should define the responsibilities and potential liabilities of the gas storage operator in the event of accidents, environmental damage, or other incidents. 5. Term and Termination: The agreement should specify the duration of the consent granted by the mineral owner and outline the conditions under which either party can terminate the agreement. This can include breach of contract, non-payment of royalties, or environmental non-compliance. Conclusion: The Oregon Mineral Owner Consent Agreement to Underground Gas Storage Lease and Agreement is a critical document that establishes the legal relationship between mineral owners and gas storage operators. By comprehensively addressing key elements, such as consent, compensation, surface protection, liability, and termination, this agreement ensures the rights and responsibilities of all parties involved are protected.
Oregon Mineral Owner Consent Agreement (to Underground Gas Storage Lease and Agreement)
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