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

State:
Texas
City:
Frisco
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. Frisco, Texas is a rapidly growing city located in Collin and Denton counties. As the city expands, the land descriptions in oil and gas leases undergo changes to accommodate the increasing urban development and population. The change of land description in an oil and gas lease refers to the modification or alteration of the designated area in which the lease is valid. Specifically, the "Without Acreage Change" denotes that the alteration pertains to a modification in the land description without encompassing any change in the acreage associated with the lease. Several types of Frisco, Texas change of land description in oil and gas leases exist under the category of "Without Acreage Change." These types may include: 1. Boundary Adjustment: A boundary adjustment occurs when the existing boundaries of the lease, typically described by metes and bounds or survey coordinates, are modified to accurately reflect changes in the surrounding area due to new developments or revised survey data. This change ensures that the lease remains valid despite these alterations. 2. Easement Additions or Removals: Sometimes, an oil and gas lease may require an easement for the construction and maintenance of pipelines, access roads, or other infrastructure. In the case of a change of land description without acreage change, easements may be added or removed to accommodate evolving land usages or improvements. 3. Clarification of Mineral Rights: Frisco, Texas, like many areas, experiences continuous growth and development. As new subdivisions, roads, and infrastructure projects come into existence, there may be a need to clarify or redefine the ownership and status of underlying mineral rights within the designated leased area. This change of land description ensures that the leaseholders and mineral rights owners are accurately aligned. 4. Unit Boundary Adjustments: When multiple leases are combined into a unit for drilling or production purposes, the boundaries of the unit may require adjustment due to changes in the underlying leases or new developments in the area. The change of land description without acreage change encompasses modifications to unit boundaries to align with the changing realities of the lease holdings. It is important to note that Frisco, Texas, being a vibrant city with ongoing development, may have additional specific types of change of land description in oil and gas leases falling under the "Without Acreage Change" category. These may include variations based on local regulations, land planning, infrastructure requirements, or evolving land-use patterns. Professional legal advice or consultation with a qualified landsman or attorney is recommended to fully understand and navigate these changes in Frisco, Texas.

Frisco, Texas is a rapidly growing city located in Collin and Denton counties. As the city expands, the land descriptions in oil and gas leases undergo changes to accommodate the increasing urban development and population. The change of land description in an oil and gas lease refers to the modification or alteration of the designated area in which the lease is valid. Specifically, the "Without Acreage Change" denotes that the alteration pertains to a modification in the land description without encompassing any change in the acreage associated with the lease. Several types of Frisco, Texas change of land description in oil and gas leases exist under the category of "Without Acreage Change." These types may include: 1. Boundary Adjustment: A boundary adjustment occurs when the existing boundaries of the lease, typically described by metes and bounds or survey coordinates, are modified to accurately reflect changes in the surrounding area due to new developments or revised survey data. This change ensures that the lease remains valid despite these alterations. 2. Easement Additions or Removals: Sometimes, an oil and gas lease may require an easement for the construction and maintenance of pipelines, access roads, or other infrastructure. In the case of a change of land description without acreage change, easements may be added or removed to accommodate evolving land usages or improvements. 3. Clarification of Mineral Rights: Frisco, Texas, like many areas, experiences continuous growth and development. As new subdivisions, roads, and infrastructure projects come into existence, there may be a need to clarify or redefine the ownership and status of underlying mineral rights within the designated leased area. This change of land description ensures that the leaseholders and mineral rights owners are accurately aligned. 4. Unit Boundary Adjustments: When multiple leases are combined into a unit for drilling or production purposes, the boundaries of the unit may require adjustment due to changes in the underlying leases or new developments in the area. The change of land description without acreage change encompasses modifications to unit boundaries to align with the changing realities of the lease holdings. It is important to note that Frisco, Texas, being a vibrant city with ongoing development, may have additional specific types of change of land description in oil and gas leases falling under the "Without Acreage Change" category. These may include variations based on local regulations, land planning, infrastructure requirements, or evolving land-use patterns. Professional legal advice or consultation with a qualified landsman or attorney is recommended to fully understand and navigate these changes in Frisco, Texas.

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