Houston Texas Change of Land Description in Oil and Gas Lease

• Category: Texas Oil Gas and Minerals - Leases
• State: Texas
• City: Houston
• Control #: TX-OG-036
• Format: Word; Rich Text

Description

This form is used to modify the description of the land in a lease that is granting the right to extract oil and gas from a specified piece of land. In the context of an oil and gas lease in Houston, Texas, the Change of Land Description refers to a clause or provision that allows for modifications to be made to the original land description listed in the lease agreement. This provision allows the parties involved to update and revise the description of the leased land as needed, ensuring accuracy and compliance with any changes that may occur over time. The Change of Land Description is an important component of an oil and gas lease, as it ensures that the leased land accurately represents the boundaries and specifications necessary for proper exploration, drilling, and extraction activities. By incorporating this provision, the lease can accommodate any future changes or adjustments to the land description, accommodating variations due to surveys, land subdivision, or other factors that may affect the boundaries or legal description of the property. There are different types of Change of Land Description provisions that may be included in an oil and gas lease in Houston, Texas. Some common types include: 1. Modification of Legal Description: This provision allows for changes to the legal description of the leased land. It may include updating metes and bounds, sections, townships, and ranges, or any other legally recognized method of land description. 2. Addition or Removal of Land: This provision allows for the addition or removal of specific portions of land from the lease. For example, if a landowner sells a portion of the leased land during the term of the lease, this provision allows for the modification of the land description to reflect the change. 3. Boundary Adjustments: This provision permits adjustments to the boundaries of the leased land. It may account for changes resulting from survey adjustments or other circumstances that affect the property's boundaries. 4. Subdivision or Consolidation: In cases where the leased land is subdivided or consolidated, this provision allows for amendments to the land description to accommodate the new boundaries resulting from these actions. 5. Correction of Errors: This provision allows for the correction of any errors or omissions in the original land description. It enables the parties to rectify any mistakes or inaccuracies to ensure that the leased land is correctly and precisely defined. Including the Change of Land Description provision in an oil and gas lease in Houston, Texas, provides flexibility to the lease agreement, allowing for adjustments to be made when necessary to reflect changes in the land's legal description. This provision ensures that the lease remains up-to-date and accurately represents the property boundaries, supporting proper exploration and exploitation activities within the agreed-upon contractual terms.

In the context of an oil and gas lease in Houston, Texas, the Change of Land Description refers to a clause or provision that allows for modifications to be made to the original land description listed in the lease agreement. This provision allows the parties involved to update and revise the description of the leased land as needed, ensuring accuracy and compliance with any changes that may occur over time. The Change of Land Description is an important component of an oil and gas lease, as it ensures that the leased land accurately represents the boundaries and specifications necessary for proper exploration, drilling, and extraction activities. By incorporating this provision, the lease can accommodate any future changes or adjustments to the land description, accommodating variations due to surveys, land subdivision, or other factors that may affect the boundaries or legal description of the property. There are different types of Change of Land Description provisions that may be included in an oil and gas lease in Houston, Texas. Some common types include: 1. Modification of Legal Description: This provision allows for changes to the legal description of the leased land. It may include updating metes and bounds, sections, townships, and ranges, or any other legally recognized method of land description. 2. Addition or Removal of Land: This provision allows for the addition or removal of specific portions of land from the lease. For example, if a landowner sells a portion of the leased land during the term of the lease, this provision allows for the modification of the land description to reflect the change. 3. Boundary Adjustments: This provision permits adjustments to the boundaries of the leased land. It may account for changes resulting from survey adjustments or other circumstances that affect the property's boundaries. 4. Subdivision or Consolidation: In cases where the leased land is subdivided or consolidated, this provision allows for amendments to the land description to accommodate the new boundaries resulting from these actions. 5. Correction of Errors: This provision allows for the correction of any errors or omissions in the original land description. It enables the parties to rectify any mistakes or inaccuracies to ensure that the leased land is correctly and precisely defined. Including the Change of Land Description provision in an oil and gas lease in Houston, Texas, provides flexibility to the lease agreement, allowing for adjustments to be made when necessary to reflect changes in the land's legal description. This provision ensures that the lease remains up-to-date and accurately represents the property boundaries, supporting proper exploration and exploitation activities within the agreed-upon contractual terms.