This form is used when the Lessee and the Lessor agree to amend the lease to extend the primary term from three years to six years. The terms and provisions of this amendment of the Lease is binding the the benefit of the Lessor and Lessee and their respecitve heirs, devisees, successors, and personal representatives.
The Brownsville Texas Amendment to Oil, Gas, and Mineral Lease is a legal document that outlines modifications or additions made to an existing lease agreement related to oil, gas, and mineral rights in the Brownsville region of Texas. This amendment is crucial for ensuring that all parties involved are informed about any changes to the original agreement and to establish the terms and conditions that will govern the extraction, exploration, and production activities. Keywords: 1. Brownsville Texas: Referring to the specific location, this keyword emphasizes that the amendment is specific to the region of Brownsville, Texas. 2. Amendment: This keyword highlights that the document is a modification or addition to an existing lease agreement and not a standalone contract. 3. Oil: Pertaining to the crucial natural resource, this keyword emphasizes that the amendment addresses oil rights. 4. Gas: This keyword signifies that the amendment also covers gas rights. 5. Mineral: Referring to valuable substances found beneath the Earth's surface, this keyword signifies that the amendment encompasses mining or extracting mineral rights. 6. Lease: Highlighting the contractual nature of the agreement, this keyword suggests that the document pertains to a leased property. 7. Agreement: Emphasizing the legally binding nature of the document, this keyword indicates the existence of a mutually agreed-upon contract. 8. Exploration: This keyword signifies the search for oil, gas, or minerals in Brownsville region, highlighting the amendment's potential impact on exploratory activities. 9. Production: Referring to the extraction and processing activities, this keyword emphasizes the impact of the amendment on production-related processes. Different types of Brownsville Texas Amendment to Oil, Gas, and Mineral Lease: 1. Lease Extension Amendment: This amendment type outlines changes to the lease period, extending the duration of the initial agreement. 2. Royalty Amendment: This amendment type focuses on modifying the distribution of royalties and revenue sharing between the lessor and lessee. 3. Surface Use Amendment: This amendment addresses modifications related to the use of the surface area associated with the leased property, such as easement rights or access permits. 4. Environmental Compliance Amendment: This amendment type encompasses changes made to ensure compliance with ecological regulations, addressing environmental protection measures. 5. Production Limitation Amendment: This amendment focuses on modifications to the allowed production volumes, setting limits and adjusting extraction quantities.The Brownsville Texas Amendment to Oil, Gas, and Mineral Lease is a legal document that outlines modifications or additions made to an existing lease agreement related to oil, gas, and mineral rights in the Brownsville region of Texas. This amendment is crucial for ensuring that all parties involved are informed about any changes to the original agreement and to establish the terms and conditions that will govern the extraction, exploration, and production activities. Keywords: 1. Brownsville Texas: Referring to the specific location, this keyword emphasizes that the amendment is specific to the region of Brownsville, Texas. 2. Amendment: This keyword highlights that the document is a modification or addition to an existing lease agreement and not a standalone contract. 3. Oil: Pertaining to the crucial natural resource, this keyword emphasizes that the amendment addresses oil rights. 4. Gas: This keyword signifies that the amendment also covers gas rights. 5. Mineral: Referring to valuable substances found beneath the Earth's surface, this keyword signifies that the amendment encompasses mining or extracting mineral rights. 6. Lease: Highlighting the contractual nature of the agreement, this keyword suggests that the document pertains to a leased property. 7. Agreement: Emphasizing the legally binding nature of the document, this keyword indicates the existence of a mutually agreed-upon contract. 8. Exploration: This keyword signifies the search for oil, gas, or minerals in Brownsville region, highlighting the amendment's potential impact on exploratory activities. 9. Production: Referring to the extraction and processing activities, this keyword emphasizes the impact of the amendment on production-related processes. Different types of Brownsville Texas Amendment to Oil, Gas, and Mineral Lease: 1. Lease Extension Amendment: This amendment type outlines changes to the lease period, extending the duration of the initial agreement. 2. Royalty Amendment: This amendment type focuses on modifying the distribution of royalties and revenue sharing between the lessor and lessee. 3. Surface Use Amendment: This amendment addresses modifications related to the use of the surface area associated with the leased property, such as easement rights or access permits. 4. Environmental Compliance Amendment: This amendment type encompasses changes made to ensure compliance with ecological regulations, addressing environmental protection measures. 5. Production Limitation Amendment: This amendment focuses on modifications to the allowed production volumes, setting limits and adjusting extraction quantities.
