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

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• Control #: US-OG-1149
• Format: Word; Rich Text

Description

This form is a subsurface underground storage lease and agreement from a surface owner with no rights to use the surface of the lands being granted. A Pennsylvania Subsurface Underground Gas Storage Lease and Agreement (from a surface owner, with no right to use the surface of the lands being granted) refers to a legal contract between a surface owner and a company or entity engaged in the exploration and extraction of natural gas. This specific type of lease and agreement focuses on granting the company the right to store natural gas in underground reservoirs located beneath the surface owner's land, without granting any surface rights. In Pennsylvania, there are different types of subsurface underground gas storage lease and agreements available, each with its own specific terms and conditions. These can include: 1. Non-Surface Use Agreement: This type of agreement ensures that the surface owner retains exclusive rights to utilize the land's surface for any purposes they desire, while granting the gas storage company only the rights to utilize the subsurface for storing natural gas reserves. 2. Limited Surface Access Agreement: With this agreement, the surface owner and gas storage company negotiate limited access to the surface for specific activities related to the operation and maintenance of the underground gas storage facilities. The surface owner's right to utilize the land for non-invasive purposes remains intact. 3. Surface Compensation Agreement: In certain instances, the surface owner may agree to a compensation agreement whereby they receive financial compensation from the gas storage company in exchange for the exclusive rights to use the subsurface. This type of agreement allows the company to have full control over the underground gas storage operations without any limitation. 4. Surface Owner Consent Agreement: This agreement is designed to establish a mutually agreed-upon framework between the surface owner and the gas storage company, outlining the conditions under which the company can access the surface for strictly-regulated activities related to the subsurface gas storage operations. The surface owner gives permission for limited surface use while ensuring their rights are protected. It is essential for both parties involved to carefully review and negotiate the terms of the lease and agreement. Each agreement may vary depending on factors such as the size and nature of the gas storage project, compensation arrangements, environmental considerations, and surface owner protections. Seeking legal advice is recommended to ensure fairness and protection of rights for both parties.

A Pennsylvania Subsurface Underground Gas Storage Lease and Agreement (from a surface owner, with no right to use the surface of the lands being granted) refers to a legal contract between a surface owner and a company or entity engaged in the exploration and extraction of natural gas. This specific type of lease and agreement focuses on granting the company the right to store natural gas in underground reservoirs located beneath the surface owner's land, without granting any surface rights. In Pennsylvania, there are different types of subsurface underground gas storage lease and agreements available, each with its own specific terms and conditions. These can include: 1. Non-Surface Use Agreement: This type of agreement ensures that the surface owner retains exclusive rights to utilize the land's surface for any purposes they desire, while granting the gas storage company only the rights to utilize the subsurface for storing natural gas reserves. 2. Limited Surface Access Agreement: With this agreement, the surface owner and gas storage company negotiate limited access to the surface for specific activities related to the operation and maintenance of the underground gas storage facilities. The surface owner's right to utilize the land for non-invasive purposes remains intact. 3. Surface Compensation Agreement: In certain instances, the surface owner may agree to a compensation agreement whereby they receive financial compensation from the gas storage company in exchange for the exclusive rights to use the subsurface. This type of agreement allows the company to have full control over the underground gas storage operations without any limitation. 4. Surface Owner Consent Agreement: This agreement is designed to establish a mutually agreed-upon framework between the surface owner and the gas storage company, outlining the conditions under which the company can access the surface for strictly-regulated activities related to the subsurface gas storage operations. The surface owner gives permission for limited surface use while ensuring their rights are protected. It is essential for both parties involved to carefully review and negotiate the terms of the lease and agreement. Each agreement may vary depending on factors such as the size and nature of the gas storage project, compensation arrangements, environmental considerations, and surface owner protections. Seeking legal advice is recommended to ensure fairness and protection of rights for both parties.