This form is a Texas Lease agreement wherein Lessor grants, leases, and lets exclusively to Lessee the lands described within for the purposes of conducting seismic and geophysical operations, exploring, drilling, mining, and operating for, producing and owning oil, gas, sulfur, and all other minerals whether or not similar to those mentioned (collectively the oil or gas ), and the right to make surveys, lay pipelines, establish and utilize facilities for surface or subsurface disposal of salt water, construct roads and bridges, dig canals, build tanks, power stations, power lines, telephone lines, and other structures on the Lands, necessary or useful in Lessee's operations on the Lands or any other land adjacent to the Lands. This lease is a paid up lease and provides for pooling.
The San Antonio Texas Producers 88 (8/99) Paid Up Lease Pooling Provision is a legal agreement that allows oil and gas operators to combine multiple leases into a single consolidated unit for resource extraction purposes. It is commonly used in the San Antonio region of Texas. The pooling provision enables operators to optimize production operations, mitigate costs, and efficiently tap into oil and gas reserves within a specific geographic area. By pooling several leases together, operators can collectively pool their resources, infrastructure, and knowledge to maximize the extraction potential of the consolidated unit. This specific provision is called the San Antonio Texas Producers 88 (8/99) Paid Up Lease Pooling Provision. The inclusion of "88" refers to the year it was introduced, while "8/99" denotes the month and year it underwent an update or revision. It is important to note that there may be different variations or types of the San Antonio Texas Producers 88 (8/99) Paid Up Lease Pooling Provision, each featuring unique terms and conditions specific to individual lease agreements. These variations can depend on factors such as the landowner, operator, and governing laws of the area. Overall, the San Antonio Texas Producers 88 (8/99) Paid Up Lease Pooling Provision provides a legal framework for oil and gas operators in the San Antonio region to consolidate their leases and collaboratively exploit the rich oil and gas resources in a more efficient and cost-effective manner.The San Antonio Texas Producers 88 (8/99) Paid Up Lease Pooling Provision is a legal agreement that allows oil and gas operators to combine multiple leases into a single consolidated unit for resource extraction purposes. It is commonly used in the San Antonio region of Texas. The pooling provision enables operators to optimize production operations, mitigate costs, and efficiently tap into oil and gas reserves within a specific geographic area. By pooling several leases together, operators can collectively pool their resources, infrastructure, and knowledge to maximize the extraction potential of the consolidated unit. This specific provision is called the San Antonio Texas Producers 88 (8/99) Paid Up Lease Pooling Provision. The inclusion of "88" refers to the year it was introduced, while "8/99" denotes the month and year it underwent an update or revision. It is important to note that there may be different variations or types of the San Antonio Texas Producers 88 (8/99) Paid Up Lease Pooling Provision, each featuring unique terms and conditions specific to individual lease agreements. These variations can depend on factors such as the landowner, operator, and governing laws of the area. Overall, the San Antonio Texas Producers 88 (8/99) Paid Up Lease Pooling Provision provides a legal framework for oil and gas operators in the San Antonio region to consolidate their leases and collaboratively exploit the rich oil and gas resources in a more efficient and cost-effective manner.
