Wisconsin Agreement Waiving Surface Use by Oil and Gas Lessee

State:
Multi-State
Control #:
US-OG-655
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Lessor desires to sell, subdivide, or partition all or a part of the lands covered by the Lease (the Lands), and has requested a partial waiver of surface use of certain portions of the Lands subject to the Lease, and a waiver is agreeable to Lessee. This Agreement relates solely to the surface use and does not in any other way affect or diminish the Lessee's rights, interests and estate under the Lease.

The Wisconsin Agreement Waiving Surface Use by Oil and Gas Lessee is a legal contract that allows oil and gas lessees to waive their rights to use the surface of a property for drilling and extraction operations. This agreement is essential for property owners who want to protect their land from surface disturbances, while still allowing the lessee to access and extract the oil and gas reserves beneath the surface. In the state of Wisconsin, there are several types of Wisconsin Agreement Waiving Surface Use by Oil and Gas Lessee, depending on the specific requirements and terms agreed upon by both parties. Some of these types include: 1. Standard Wisconsin Agreement: A basic agreement that defines the terms and conditions under which the lessee can access and extract oil and gas reserves without disturbing the surface of the property. It typically covers issues such as compensation for damages, restoration obligations, and liability limitations. 2. Limited Surface Use Agreement: This type of agreement puts specific limitations on the lessee's access to the surface of the property, outlining precise areas and times during which operations can take place. It may also include conditions that must be met for surface use, such as notification periods and environmental protection measures. 3. Alternative Compensation Agreement: This agreement provides alternative methods of compensation for property owners who waive surface use rights. Instead of financial compensation, this type of agreement could involve land exchanges, royalties, or other non-monetary benefits to the property owner. 4. Environmental Protection Agreement: In cases where the property owner wants to ensure strict adherence to environmental regulations and practices, an environmental protection agreement can be negotiated. This type of agreement includes detailed requirements for minimizing environmental impacts, monitoring groundwater and air quality, and implementing mitigation measures. 5. Temporary Surface Use Agreement: Sometimes, a lessee may need temporary access to the surface of the property for specific purposes, such as conducting surveys or exploratory drilling. A temporary surface use agreement allows limited access for a defined period, with specific conditions and limitations. Overall, the Wisconsin Agreement Waiving Surface Use by Oil and Gas Lessee serves as a crucial mechanism for balancing the rights and interests of both the property owner and the oil and gas lessee. By outlining specific terms and conditions, it ensures that the extraction operations can proceed while mitigating potential harm to the surface environment and minimizing disruptions to the property owner's land.

Free preview
  • Form preview
  • Form preview

How to fill out Wisconsin Agreement Waiving Surface Use By Oil And Gas Lessee?

Choosing the right lawful document template can be a have difficulties. Needless to say, there are plenty of themes available on the Internet, but how will you discover the lawful develop you will need? Utilize the US Legal Forms internet site. The support provides 1000s of themes, including the Wisconsin Agreement Waiving Surface Use by Oil and Gas Lessee, that you can use for company and personal needs. Each of the varieties are inspected by experts and meet federal and state demands.

If you are already registered, log in to your bank account and click on the Obtain switch to get the Wisconsin Agreement Waiving Surface Use by Oil and Gas Lessee. Make use of your bank account to look from the lawful varieties you possess purchased formerly. Check out the My Forms tab of your respective bank account and obtain an additional duplicate in the document you will need.

If you are a fresh consumer of US Legal Forms, here are easy guidelines for you to stick to:

  • First, make certain you have chosen the appropriate develop for your personal city/region. You are able to check out the form using the Preview switch and browse the form information to ensure this is the best for you.
  • When the develop fails to meet your expectations, utilize the Seach industry to obtain the right develop.
  • When you are positive that the form would work, go through the Purchase now switch to get the develop.
  • Select the rates prepare you would like and type in the essential information. Make your bank account and purchase your order using your PayPal bank account or Visa or Mastercard.
  • Select the document file format and obtain the lawful document template to your gadget.
  • Comprehensive, revise and produce and indication the received Wisconsin Agreement Waiving Surface Use by Oil and Gas Lessee.

US Legal Forms is definitely the greatest collection of lawful varieties that you will find numerous document themes. Utilize the company to obtain expertly-manufactured files that stick to state demands.

Form popularity

FAQ

Oil and gas interests are interests in real property and thereby have the same attributes as other real property such as a home or a ranch. Although the ownership of oil and gas interests can take many forms, courts commonly analogize the ownership of oil and gas interests to a bundle of sticks.

Wellbore. An assignment can be limited to the wellbore of a well. A wellbore limitation means that the assignor is assigning only those rights to production from the wellbore of a certain well, arguably at the total depth it existed at the time of the assignment.

Similar to the statute at issue in Texaco, sub. (3) provides that a mineral rights owner's interest lapses if not used for 20 years and sets forth a grace period during which owners who did not use their mineral rights during the previous twenty years could take action to prevent those rights from lapsing.

Oil and Gas Interest means any oil or gas royalty or lease, or fractional interest therein, or certificate of interest or participation or investment contract relative to such royalties, leases or fractional interests, or any other interest or right which permits the exploration of, drilling for, or production of oil ...

An assignment of oil and gas lease is a contractual agreement between a landowner and an oil or gas company in which the company gains the right to explore for, develop, and produce oil and gas from the property.

An overriding royalty interest (ORRI) is an undivided interest in a mineral lease giving the holder the right to a proportional share (receive revenue) of the sale of oil and gas produced. The ORRI is carved out of the working interest or lease.

Waive your rights to surface rights under a mineral lease with this Waiver of Surface Rights form for Texas lands. Surface rights include all rights of ingress and egress, and the right to enter the property for purposes of exploring, developing and extracting oil, gas and/or minerals from the property.

Interesting Questions

More info

This waiver of surface rights template is executed by an oil and gas exploration company, as lessee under an oil and gas lease, to assure a lessor that the ... The Granting Clause Generally a lease describes the lessor and the lessee and then, in detail, the land owned by the lessor, so that it is clear what land is ...(g) Prior to commencing operations for Drilling any Obligation Well, Buyer will have been approved as an operator and, as appropriate, as a lessee by the Trust ... BASIC OIL AND GAS FORMS PROGRAM · Agreement Designating Agent to Lease Mineral Interest · Appointment of Agent to Receive Rentals (By Lessor) · Delay Rental ... A community oil and gas lease, executed by ______, as lessor and ______ as lessee, recorded ______. Comment: This exception applies to a community oil and gas ... (3) "Mineral developer" means the owner of a severed mineral estate or any lessee ... the parties by agreement may modify or waive the period of limitation. We recommend that you attempt to secure a Tenant's Consent Agreement from ... ignored by the lessor and are otherwise of little use in stopping a foreclosure. Jan 26, 2022 — The waiver does not exclude the lessee from exploring, developing and/or producing oil, gas and other minerals that may be produced from the ... Mar 14, 2013 — (iii) the percentage of the estate of the lessee in said Lease (Working Interest) owned by Seller; and ... used in connection with oil, gas and ... Historically, the most common Lessor Royalty was 1/8th, meaning the. Lessor was entitled to 1/8th of the gross revenue attributable to the Tract and the Lessee ...

Trusted and secure by over 3 million people of the world’s leading companies

Wisconsin Agreement Waiving Surface Use by Oil and Gas Lessee