This form is a Rocky Mountain Lease agreement wherein Lessor grants, leases, and lets exclusively to Lessee the lands described within for the purposes of conducting seismic and geophysical operations, exploring, drilling, mining, and operating for, producing and owning oil, gas, sulfur, and all other minerals whether or not similar to those mentioned (collectively the oil or gas ), and the right to make surveys, lay pipelines, establish and utilize facilities for surface or subsurface disposal of salt water, construct roads and bridges, dig canals, build tanks, power stations, power lines, telephone lines, and other structures on the Lands, necessary or useful in Lessee's operations on the Lands or any other land adjacent to the Lands. This lease form also provides for pooling.
Oregon Oil and Gas Lease — No SurfacOccupancync— - Rocky Mountain Paid Up — Form B is a specific type of lease agreement that allows for oil and gas exploration and extraction in Oregon, without occupying the surface of the land. This lease is part of the Rocky Mountain Paid Up program, which is designed to streamline the leasing process and provide certainty for lessees. The Oregon Oil and Gas Lease — No SurfacOccupancync— - Rocky Mountain Paid Up — Form B offers various benefits to both parties involved. For the lessee, it allows for the exploration and production of oil and gas resources while reducing the surface impact on the land. This can be beneficial in areas where surface activities are restricted due to environmental concerns or land use regulations. One of the key features of this lease agreement is the "No Surface Occupancy" clause, which means that the lessee is not allowed to physically occupy or disturb the surface of the leased land. This ensures that the land can be used for other purposes, such as agriculture, wildlife habitat, or recreational activities. The lessee is required to access the subsurface mineral rights through alternate means, such as horizontal drilling or remote sensing technology. The Rocky Mountain Paid Up program offers different types of Oregon Oil and Gas Lease — No SurfacOccupancync— - Form B, based on various factors such as the location and current availability of the leased lands. These different types include: 1. Standard Oregon Oil and Gas Lease — No SurfacOccupancync— - Rocky Mountain Paid Up — Form B: This is the most common type of lease agreement and is applicable to most areas within Oregon where oil and gas exploration is permitted. It follows the standard terms and conditions set by the Rocky Mountain Paid Up program. 2. Specialized Oregon Oil and Gas Lease — No SurfacOccupancync— - Rocky Mountain Paid Up — Form B: This type of lease agreement is tailored to specific circumstances or unique conditions of certain lands in Oregon. It may include additional provisions or requirements to ensure the protection of sensitive ecosystems or cultural resources. 3. Reserved Oregon Oil and Gas Lease — No SurfacOccupancync— - Rocky Mountain Paid Up — Form B: This type of lease agreement is enacted when the surface of the land is already reserved for other purposes, such as conservation or public use. The lessee is granted only the rights to explore and extract oil and gas resources beneath the surface. Under the Oregon Oil and Gas Lease — No SurfacOccupancync— - Rocky Mountain Paid Up — Form B, the lessee is typically required to pay a rental fee or royalty to the lessor, which is often a government or private landowner. This payment structure ensures that the lessor receives fair compensation for the use of their mineral rights. In conclusion, the Oregon Oil and Gas Lease — No SurfacOccupancync— - Rocky Mountain Paid Up — Form B is a specialized lease agreement that allows for oil and gas exploration and production in Oregon while minimizing surface disturbance. It offers different types of leases based on specific conditions and requirements, providing flexibility and certainty for both the lessee and lessor.
