Wyoming Fresh Water Purchase Agreement Between Landowner and Operator For Use of Landowner's Water in Secondary Recovery Operations - Short Form

• Category: Oil Gas and Minerals - Water
• State: Multi-State
• Control #: US-OG-160
• Format: Word; Rich Text

Description

This is a form agreement providing for the sale of water. It is shorter in length and does not contain all of the provisions contained in the previous form. Wyoming Fresh Water Purchase Agreement Between Landowner and Operator For Use of Landowner's Water in Secondary Recovery Operations — Short Form: This agreement serves as a legally binding contract between the Landowner and the Operator for the use of the Landowner's water in secondary recovery operations in Wyoming. The purpose of this agreement is to outline the terms and conditions under which the Operator can access and utilize the Landowner's fresh water resources to enhance oil and gas production through secondary recovery techniques. Key provisions of this agreement include: 1. Parties involved: Clearly stating the names and contact details of the Landowner and the Operator. 2. Water usage: Describing the quantity of water to be supplied by the Landowner, including any specified limitations or restrictions, such as daily or monthly limits. 3. Payment terms: Outlining the compensation structure, including the payment amount, frequency, and method of payment. 4. Duration: Specifying the duration of the agreement, including the start and end dates, with provisions for termination or renewal. 5. Access rights: Granting the Operator the right to access and use the Landowner's water resources for secondary recovery operations, specifying the location(s) or source(s) from where the water can be extracted. 6. Environmental considerations: Addressing any environmental protection measures or requirements, ensuring compliance with relevant laws and regulations. 7. Liabilities and indemnification: Clarifying the responsibilities and potential liabilities of both parties, including indemnification clauses to protect each party from any claims or damages arising from the water usage. 8. Confidentiality: Incorporating confidentiality provisions to protect any proprietary information or trade secrets shared between the parties. 9. Dispute resolution: Establishing a mechanism for resolving any disputes or disagreements that may arise during the course of the agreement. 10. Governing law: Identifying the governing law that will apply to interpret and enforce the agreement. Types of Wyoming Fresh Water Purchase Agreement Between Landowner and Operator For Use of Landowner's Water in Secondary Recovery Operations — Short Form— - Basic Short Form: A simplified version of the agreement that covers the essential terms and conditions without extensive details or specific provisions. — Modified Short Form: A slightly more detailed version that may include additional clauses related to environmental regulations, inspections, or reporting requirements. — Comprehensive Short Form: An agreement with comprehensive provisions covering all aspects of the usage of the Landowner's water resources, including detailed compensation structures, performance standards, and dispute resolution mechanisms. — Standard Short Form: A widely accepted and commonly used agreement template in Wyoming that captures all essential elements of the water purchase agreement for secondary recovery operations. Note: The specific types or names of the agreement may vary based on industry practices, legal requirements, or individual preferences of the Landowner and Operator.

Wyoming Fresh Water Purchase Agreement Between Landowner and Operator For Use of Landowner's Water in Secondary Recovery Operations — Short Form: This agreement serves as a legally binding contract between the Landowner and the Operator for the use of the Landowner's water in secondary recovery operations in Wyoming. The purpose of this agreement is to outline the terms and conditions under which the Operator can access and utilize the Landowner's fresh water resources to enhance oil and gas production through secondary recovery techniques. Key provisions of this agreement include: 1. Parties involved: Clearly stating the names and contact details of the Landowner and the Operator. 2. Water usage: Describing the quantity of water to be supplied by the Landowner, including any specified limitations or restrictions, such as daily or monthly limits. 3. Payment terms: Outlining the compensation structure, including the payment amount, frequency, and method of payment. 4. Duration: Specifying the duration of the agreement, including the start and end dates, with provisions for termination or renewal. 5. Access rights: Granting the Operator the right to access and use the Landowner's water resources for secondary recovery operations, specifying the location(s) or source(s) from where the water can be extracted. 6. Environmental considerations: Addressing any environmental protection measures or requirements, ensuring compliance with relevant laws and regulations. 7. Liabilities and indemnification: Clarifying the responsibilities and potential liabilities of both parties, including indemnification clauses to protect each party from any claims or damages arising from the water usage. 8. Confidentiality: Incorporating confidentiality provisions to protect any proprietary information or trade secrets shared between the parties. 9. Dispute resolution: Establishing a mechanism for resolving any disputes or disagreements that may arise during the course of the agreement. 10. Governing law: Identifying the governing law that will apply to interpret and enforce the agreement. Types of Wyoming Fresh Water Purchase Agreement Between Landowner and Operator For Use of Landowner's Water in Secondary Recovery Operations — Short Form— - Basic Short Form: A simplified version of the agreement that covers the essential terms and conditions without extensive details or specific provisions. — Modified Short Form: A slightly more detailed version that may include additional clauses related to environmental regulations, inspections, or reporting requirements. — Comprehensive Short Form: An agreement with comprehensive provisions covering all aspects of the usage of the Landowner's water resources, including detailed compensation structures, performance standards, and dispute resolution mechanisms. — Standard Short Form: A widely accepted and commonly used agreement template in Wyoming that captures all essential elements of the water purchase agreement for secondary recovery operations. Note: The specific types or names of the agreement may vary based on industry practices, legal requirements, or individual preferences of the Landowner and Operator.