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.
Rhode Island Shut-In Gas Royalty refers to the compensation received by landowners or mineral rights owners in Rhode Island when the production of natural gas from their property is temporarily suspended due to involuntary reasons. Shut-in gas royalties are generally paid when gas wells are shut down or temporarily inactive, typically due to low market demand, lack of infrastructure, or operational issues. In Rhode Island, there are primarily two types of shut-in gas royalties: 1. Temporary Shut-In Gas Royalty: Temporary shut-in gas royalty is applicable when the gas production from a well is interrupted due to short-term issues such as market fluctuations, low gas prices, or maintenance activities. This type of royalty payment allows the landowners to receive compensation during the temporary non-production period. 2. Forced Shut-In Gas Royalty: Forced shut-in gas royalty is relevant when the shutdown of gas production is involuntary and caused by factors beyond the landowners' control. This can include legal or regulatory restrictions, technical failures in infrastructure, or unforeseen circumstances leading to the inability to produce gas from the property. Rhode Island Shut-In Gas Royalty ensures that landowners are fairly compensated for their resources, even in periods of non-production. It encourages the responsible development of natural gas resources while providing financial support to landowners during temporary disruptions.Rhode Island Shut-In Gas Royalty refers to the compensation received by landowners or mineral rights owners in Rhode Island when the production of natural gas from their property is temporarily suspended due to involuntary reasons. Shut-in gas royalties are generally paid when gas wells are shut down or temporarily inactive, typically due to low market demand, lack of infrastructure, or operational issues. In Rhode Island, there are primarily two types of shut-in gas royalties: 1. Temporary Shut-In Gas Royalty: Temporary shut-in gas royalty is applicable when the gas production from a well is interrupted due to short-term issues such as market fluctuations, low gas prices, or maintenance activities. This type of royalty payment allows the landowners to receive compensation during the temporary non-production period. 2. Forced Shut-In Gas Royalty: Forced shut-in gas royalty is relevant when the shutdown of gas production is involuntary and caused by factors beyond the landowners' control. This can include legal or regulatory restrictions, technical failures in infrastructure, or unforeseen circumstances leading to the inability to produce gas from the property. Rhode Island Shut-In Gas Royalty ensures that landowners are fairly compensated for their resources, even in periods of non-production. It encourages the responsible development of natural gas resources while providing financial support to landowners during temporary disruptions.
