Arlington Texas Change of Land Description in Oil and Gas Lease - Without Acreage Change

State:
Texas
City:
Arlington
Control #:
TX-OG-037
Format:
Word; 
Rich Text
Instant download

Description

This form is used to modify the description of land without changing the acreage in a lease granting the right to extract oil and gas from a specified piece of land. Arlington, Texas Change of Land Description in Oil and Gas Lease — Without Acreage Change is an important legal document that outlines modifications made to the land description section of an oil and gas lease agreement, specifically focusing on properties in Arlington, Texas. This document is crucial for enabling accurate identification and protection of mineral rights, as well as ensuring compliance with legal requirements and facilitating smooth operations within the oil and gas industry. The Change of Land Description typically contains the following key elements: 1. Effective Date: The specific date when the modification to the land description takes effect. 2. Parties Involved: The names and contact information of the involved parties, including the lessor (property owner) and the lessee (oil and gas company). 3. Original Lease Identification: Identification details of the original lease, such as the lease number, execution date, and parties involved, which serve as a reference for the modified land description. 4. Exploration and Production Area: A detailed description of the area under consideration, including relevant legal descriptions, coordinates, identifiers, and any associated mapping or survey information to provide a clear understanding of the land encompassed by the lease. 5. Changes to Land Description: A thorough explanation of the proposed modifications to the land description, highlighting additions, subtractions, or alterations to the original lease provisions. These changes may include modifications to legal descriptions, boundaries, unit tracts, sections, blocks, survey names, or any other relevant details necessary to accurately define the lease area. 6. Purpose of Amendment: A brief description of the reason behind the change in land description, such as the need to correct inaccuracies, clarify boundaries, resolve discrepancies, or accommodate changes in land ownership or division. 7. Legal Considerations: A section emphasizing that the terms and conditions of the original oil and gas lease agreement, not modified by this document, remain in full force and effect. Different types of Arlington Texas Change of Land Description in Oil and Gas Lease — Without Acreage Change may include variations in the magnitude and complexity of the modifications made. These changes could range from minor adjustments to legal descriptions due to survey errors or changes in markers, to major revisions necessitated by the acquisition or sale of adjacent properties or reevaluation of boundaries. Additionally, the frequency of these changes can vary, depending on the fluid nature of land ownership, leasing, and exploration in the area. In conclusion, the Arlington Texas Change of Land Description in Oil and Gas Lease — Without Acreage Change is a crucial document that ensures accuracy and precision in defining the boundaries and scope of oil and gas lease agreements in Arlington, Texas. It helps protect the interests of both landowners and oil and gas companies by providing a clear and updated understanding of the leased property.

Arlington, Texas Change of Land Description in Oil and Gas Lease — Without Acreage Change is an important legal document that outlines modifications made to the land description section of an oil and gas lease agreement, specifically focusing on properties in Arlington, Texas. This document is crucial for enabling accurate identification and protection of mineral rights, as well as ensuring compliance with legal requirements and facilitating smooth operations within the oil and gas industry. The Change of Land Description typically contains the following key elements: 1. Effective Date: The specific date when the modification to the land description takes effect. 2. Parties Involved: The names and contact information of the involved parties, including the lessor (property owner) and the lessee (oil and gas company). 3. Original Lease Identification: Identification details of the original lease, such as the lease number, execution date, and parties involved, which serve as a reference for the modified land description. 4. Exploration and Production Area: A detailed description of the area under consideration, including relevant legal descriptions, coordinates, identifiers, and any associated mapping or survey information to provide a clear understanding of the land encompassed by the lease. 5. Changes to Land Description: A thorough explanation of the proposed modifications to the land description, highlighting additions, subtractions, or alterations to the original lease provisions. These changes may include modifications to legal descriptions, boundaries, unit tracts, sections, blocks, survey names, or any other relevant details necessary to accurately define the lease area. 6. Purpose of Amendment: A brief description of the reason behind the change in land description, such as the need to correct inaccuracies, clarify boundaries, resolve discrepancies, or accommodate changes in land ownership or division. 7. Legal Considerations: A section emphasizing that the terms and conditions of the original oil and gas lease agreement, not modified by this document, remain in full force and effect. Different types of Arlington Texas Change of Land Description in Oil and Gas Lease — Without Acreage Change may include variations in the magnitude and complexity of the modifications made. These changes could range from minor adjustments to legal descriptions due to survey errors or changes in markers, to major revisions necessitated by the acquisition or sale of adjacent properties or reevaluation of boundaries. Additionally, the frequency of these changes can vary, depending on the fluid nature of land ownership, leasing, and exploration in the area. In conclusion, the Arlington Texas Change of Land Description in Oil and Gas Lease — Without Acreage Change is a crucial document that ensures accuracy and precision in defining the boundaries and scope of oil and gas lease agreements in Arlington, Texas. It helps protect the interests of both landowners and oil and gas companies by providing a clear and updated understanding of the leased property.

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Arlington Texas Change of Land Description in Oil and Gas Lease - Without Acreage Change