Rhode Island Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations - Long Form

• Category: Oil Gas and Minerals - Water
• State: Multi-State
• Control #: US-OG-159
• Format: Word; Rich Text

Description

This form is an agreement between parties providing for the sale of water to a lessee for use in secondary recovery operations. Rhode Island Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations — Long Form Introduction: This Rhode Island Fresh Water Purchase Agreement is a document designed to establish a legal and binding agreement between a landowner and an operator for the purchase and usage of fresh water in secondary recovery operations. This agreement ensures that both parties understand their rights, responsibilities, and obligations in the process of extracting and utilizing fresh water for secondary recovery activities. Key Elements of the Agreement: 1. Parties Involved: Clearly state the names and addresses of the landowner and the operator involved in the agreement. 2. Purpose: Explain the purpose of the agreement, which is to outline the terms and conditions for the purchase, transportation, and usage of fresh water for secondary recovery operations. 3. Definitions: Provide a section defining key terms used throughout the agreement, such as fresh water, secondary recovery operations, price, delivery point, etc. 4. Water Rights: Specify that the landowner holds the rights to the fresh water source and is authorized to grant access to the operator for the agreed-upon period. 5. Quantity and Quality of Water: Define the amount of fresh water to be supplied and establish the standards for water quality, ensuring it meets the required specifications for secondary recovery operations. 6. Purchase and Pricing: Outline the pricing structure for the fresh water, including the method of invoicing, payment terms, and any associated penalties for late payments. 7. Delivery and Transportation: Indicate the responsibilities of the operator in terms of arranging and covering the costs of water transportation to and from the delivery point. 8. Term and Termination: Specify the duration of the agreement and the conditions under which either party can terminate it, including provisions for early termination or renewal. 9. Indemnification and Liability: Allocate responsibilities for potential damages caused by either party during the agreement period, emphasizing the need for adequate insurance coverage. 10. Confidentiality and Non-Disclosure: Establish that all information shared between the landowner and operator should remain confidential unless explicit written consent is obtained. 11. Force Mature: Include provisions for unforeseen events or circumstances (e.g., natural disasters, strikes, government regulations) that may hinder the execution of the agreement. 12. Governing Law and Jurisdiction: Identify the laws applicable to the agreement and specify the jurisdiction where any legal disputes will be resolved. 13. Entire Agreement and Amendments: State that the agreement represents the entire understanding between the parties and that any modifications should be made in writing and signed by both parties. 14. Signatures: Include a section where both the landowner and the operator sign and date the agreement, indicating their acceptance and commitment to its terms. Types of Rhode Island Fresh Water Purchase Agreements Between Landowner and Operator for Use in Secondary Recovery Operations — Long Form: 1. Residential Landowner: This agreement type is tailored for landowners who reside on the property where the fresh water source is located and engage in secondary recovery operations with an operator. 2. Commercial Landowner: This agreement type is designed for landowners who own large commercial properties containing fresh water sources and enter into a long-term agreement with an operator for secondary recovery operations. 3. Industrial Landowner: This agreement type caters to landowners with extensive industrial properties where fresh water is required for ongoing secondary recovery operations. It sets out provisions specific to such industrial establishments, including capacity requirements and water usage monitoring. 4. Municipal Landowner: This agreement type addresses landowners such as municipal corporations or government bodies that control fresh water sources and need to engage operators for secondary recovery operations. It may include additional clauses regarding public benefit, environmental impact assessment, and community engagement.

Rhode Island Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations — Long Form Introduction: This Rhode Island Fresh Water Purchase Agreement is a document designed to establish a legal and binding agreement between a landowner and an operator for the purchase and usage of fresh water in secondary recovery operations. This agreement ensures that both parties understand their rights, responsibilities, and obligations in the process of extracting and utilizing fresh water for secondary recovery activities. Key Elements of the Agreement: 1. Parties Involved: Clearly state the names and addresses of the landowner and the operator involved in the agreement. 2. Purpose: Explain the purpose of the agreement, which is to outline the terms and conditions for the purchase, transportation, and usage of fresh water for secondary recovery operations. 3. Definitions: Provide a section defining key terms used throughout the agreement, such as fresh water, secondary recovery operations, price, delivery point, etc. 4. Water Rights: Specify that the landowner holds the rights to the fresh water source and is authorized to grant access to the operator for the agreed-upon period. 5. Quantity and Quality of Water: Define the amount of fresh water to be supplied and establish the standards for water quality, ensuring it meets the required specifications for secondary recovery operations. 6. Purchase and Pricing: Outline the pricing structure for the fresh water, including the method of invoicing, payment terms, and any associated penalties for late payments. 7. Delivery and Transportation: Indicate the responsibilities of the operator in terms of arranging and covering the costs of water transportation to and from the delivery point. 8. Term and Termination: Specify the duration of the agreement and the conditions under which either party can terminate it, including provisions for early termination or renewal. 9. Indemnification and Liability: Allocate responsibilities for potential damages caused by either party during the agreement period, emphasizing the need for adequate insurance coverage. 10. Confidentiality and Non-Disclosure: Establish that all information shared between the landowner and operator should remain confidential unless explicit written consent is obtained. 11. Force Mature: Include provisions for unforeseen events or circumstances (e.g., natural disasters, strikes, government regulations) that may hinder the execution of the agreement. 12. Governing Law and Jurisdiction: Identify the laws applicable to the agreement and specify the jurisdiction where any legal disputes will be resolved. 13. Entire Agreement and Amendments: State that the agreement represents the entire understanding between the parties and that any modifications should be made in writing and signed by both parties. 14. Signatures: Include a section where both the landowner and the operator sign and date the agreement, indicating their acceptance and commitment to its terms. Types of Rhode Island Fresh Water Purchase Agreements Between Landowner and Operator for Use in Secondary Recovery Operations — Long Form: 1. Residential Landowner: This agreement type is tailored for landowners who reside on the property where the fresh water source is located and engage in secondary recovery operations with an operator. 2. Commercial Landowner: This agreement type is designed for landowners who own large commercial properties containing fresh water sources and enter into a long-term agreement with an operator for secondary recovery operations. 3. Industrial Landowner: This agreement type caters to landowners with extensive industrial properties where fresh water is required for ongoing secondary recovery operations. It sets out provisions specific to such industrial establishments, including capacity requirements and water usage monitoring. 4. Municipal Landowner: This agreement type addresses landowners such as municipal corporations or government bodies that control fresh water sources and need to engage operators for secondary recovery operations. It may include additional clauses regarding public benefit, environmental impact assessment, and community engagement.