Keywords: Wyoming, underground storage, lease agreement, surface only, types Description: The Wyoming Underground Storage Lease and Agreement (Surface Only) is a legal document that governs the rights and obligations of parties involved in a lease arrangement for underground storage facilities in the state of Wyoming. This agreement specifically pertains to storage leases where only the surface rights are involved, which means the lessee is granted access to the underground storage facility while the lessor retains ownership of the land and any surface-related rights. There are different types of Wyoming Underground Storage Lease and Agreement (Surface Only), including: 1. Natural Gas Storage Lease: This type of agreement pertains to the storage of natural gas in underground reservoirs. It outlines the terms and conditions for the lessee to store natural gas in designated storage facilities while ensuring compliance with safety regulations and environmental standards. 2. Oil and Petroleum Products Storage Lease: This agreement focuses on the storage of various oil and petroleum products in underground storage tanks or reservoirs. It establishes the rights and responsibilities of both the lessee and lessor regarding the operation, maintenance, and safety measures associated with the storage facilities. 3. Propane Storage Lease: Propane storage lease agreements deal with the underground storage of propane gas. These agreements cover the specifics of storage capacity, pricing, withdrawal rights, and maintenance responsibilities, ensuring both parties adhere to industry standards and governmental regulations. 4. Chemical Storage Lease: This type of agreement applies to the underground storage of various chemicals. It outlines the terms related to storing hazardous substances, ensuring compliance with safety protocols, and addressing any potential environmental risks or spills. The Wyoming Underground Storage Lease and Agreement (Surface Only) typically includes key provisions such as lease term, rental payments, access rights, maintenance obligations, insurance requirements, indemnification clauses, and dispute resolution procedures. It is essential for both lessor and lessee to thoroughly review and understand the terms of the agreement to protect their respective interests and ensure the smooth operation of the underground storage facility.
Wyoming Underground Storage Lease and Agreement (Surface Only)
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How to fill out Wyoming Underground Storage Lease And Agreement (Surface Only)?
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