West Virginia Freestone Rider

Name: West Virginia Freestone Rider
Brand: US Legal Forms
Rating: 4.74 (414 reviews)

Category:

Oil Gas and Minerals - Lease Riders

State:

Multi-State

Control #:

US-OG-842

Format:

Instant download

Description

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.

West Virginia Freestone Rider, often referred to as WV Freestone Rider, is a motorcycle club based in the scenic state of West Virginia. This club specializes in off-road riding adventures in the rugged and picturesque landscapes that the state has to offer. With a passion for adventure and exploration, the West Virginia Freestone Rider club attracts motorcycle enthusiasts who crave the thrill of conquering challenging terrains on two wheels. The West Virginia Freestone Rider club is known for its commitment to fostering a tight-knit community of riders who share a love for off-road riding. The club provides a platform for riders of all skill levels to connect, share experiences, and learn from one another. From beginners seeking guidance to seasoned experts looking for a group of like-minded individuals, the West Virginia Freestone Rider club welcomes and embraces all riders. The club organizes various types of rides, catering to different preferences and skill levels. These rides include: 1. Trail rides: These rides are ideal for beginners who want to explore the beautiful trails of West Virginia. Trail rides are less demanding, allowing riders to enjoy the sights and experience off-road riding at a comfortable pace. 2. Enduro rides: For riders seeking an adrenaline-pumping experience, the West Virginia Freestone Rider club offers challenging Enduro rides. These rides push participants to their limits, testing their skills and endurance on rough terrains, steep hills, and through dense forests. 3. Adventure rides: Adventure rides are designed to uncover hidden gems and explore less-traveled paths in West Virginia. These longer rides can span multiple days, taking participants on unforgettable journeys across the state's diverse landscape, including river crossings, mountain passes, and breathtaking vistas. 4. Dual sport rides: The West Virginia Freestone Rider club also organizes dual sport rides, which combine both on-road and off-road riding. These rides provide versatile experiences, allowing riders to exploit the capabilities of their motorcycles in both terrains. The West Virginia Freestone Rider club prides itself on emphasizing safety and responsible riding. All members are required to adhere to safety protocols and ensure they have proper safety equipment. The club also advocates for responsible land use and trail preservation, promoting the importance of preserving West Virginia's natural beauty for future generations. Joining the West Virginia Freestone Rider club grants members access to a thriving community of motorcycle enthusiasts who share a passion for off-road riding. By connecting with like-minded individuals, riders can engage in group rides, attend events, and even participate in competitions organized by the club. Whether one seeks adrenaline-fueled adventures or a chance to simply soak in the scenic beauty of West Virginia, the West Virginia Freestone Rider club offers a haven for all off-road riding enthusiasts.

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FAQ

The point of a retained-acreage provision is to be able to seek a new opportunity to lease unworked land to a different lessee, one who might do something productive with it. A Pugh clause is a negotiated provision in favor of the lessor. Pugh clauses modify pooling/unitization rights.

The Pugh Clause ? A clause in the Oil and Gas Lease which modifies usual pooling language to provide that drilling operations on or production from a pooled unit will not preserve the whole lease.

The Pugh Clause limits the rights of the lessee to hold only particular depths or amounts of leased property in a pooled unit after the expiration of the primary term. In Texas, production from any portion of a leased tract is deemed production from the entire tract. Pugh clause negates this general rule.

A Pugh Clause is enforced to ensure that a lessee can be prevented from declaring all lands under an oil and gas lease as being held by production. This remains true even when production only takes place on a fraction of the property.

?Many land professionals are confused about what is a vertical and what is a horizontal pugh clause. LEGALLY ? a vertical pugh clause is one where all acreage outside of the well/unit boundaries must be released. LEGALLY ? a horizontal pugh clause is one where you must release acreage below a certain depth.

A clause in an oil and gas lease establishing the acreage around a producing well or pooled unit that the lessee is allowed to retain after termination of the lease if certain conditions are met. There is no standard retained-acreage clause, and these clauses vary by lease.

A Vertical Pugh Clause requires the Operator to release the rights below a defined vertical depth after the primary term of your lease expires. For example, all rights 100 feet below the deepest drilled depth or 100 feet below the deepest formation penetrated.

A phrase (usually contained in a Pugh clause in an oil & gas lease) that terminates the lease after the primary term as to all formations below a particular depth typically defined as the stratigraphic equivalent of the base of the deepest producing formation in the unit.

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... a few options are available (e.g., PDF or Word). Download the document. As soon as the Freestone Rider is downloaded you may fill out, print out and sign it in ... Lessors began to file lawsuits demanding release of these lands outside of the pooled unit or production unit once the primary term had expired.There are a total of over 400 forms: Leases, “addendums” or “riders” to add to leases, drafts, lease purchase reports, and other lease related forms. The “New” ... It refers to a contract clause that allows a landowner to continue receiving royalties from oil and gas production even after the lease has expired. This clause ... Mar 29, 2023 — In just under two miles, turn right on Horne Rd. In ½ mile, just before crossing the canal, turn right into Park of the Canals. Maricopa ... This lovely freestone trout stream near historic Lewisburg is one of only six spots in ... The discoveries from the program will help fill crucial data gaps and ... PUGH CLAUSE (SOMETIMES REFERRED TO AS A~FREESTONE. RIDER):. "If a part of the leased premises is included in a pooled unit or units, then, at the end of the ... I'm a new ADV rider in the Arlington/Ft. Worth area- ride a Wee Strom. Looking for weekend rides after my spring vintage MX season is over. :D May 30, 2012 — Freestone notes, GNCC quotes, and new Hondas… Welcome to Weekly Dirt, your place to find the latest in off-road news in a nutshell. A copy of such notice, together with the return receipt attached thereto, shall be filed with the clerk of the county commission in which such lease is recorded ...

West Virginia Freestone Rider

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FAQ

What is the difference between Pugh clause and retained acreage?

What is the Pugh clause?

What is the statutory Pugh clause in Texas?

What is the Pugh clause in Louisiana?

What is the difference between vertical and horizontal Pugh?

What is the retained acreage clause in the oil and gas lease?

What is an example of a vertical Pugh clause?

What is the stratigraphic Pugh clause?

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