Salt Lake Utah Amendment to Oil and Gas Lease to Correct Land Description

State:
Multi-State
County:
Salt Lake
Control #:
US-OG-083
Format:
Word; 
Rich Text
Instant download

Description

If the description of lands contained in a lease is incorrect, rather than entering into a new lease, the existing lease may be amended, with the amendment providing the correct description of lands the lessor and lessee intended to be covered by the lease. This form addresses that situation.

Salt Lake Utah Amendment to Oil and Gas Lease is an important legal document that is used to correct any inaccuracies or mistakes in the land description of an existing lease agreement related to oil and gas extraction. This amendment ensures that the lease accurately reflects the boundaries and specifications of the leased property, preventing any potential disputes or legal issues in the future. When it comes to different types of Salt Lake Utah Amendment to Oil and Gas Lease to Correct Land Description, some common ones include: 1. Boundary Correction Amendment: This type of amendment is used when there is a need to modify or correct the boundaries of the leased land due to errors or changes in property surveying. 2. Parcel Description Amendment: In cases where there are multiple parcels of land included in the lease agreement, this type of amendment is used to accurately describe and delineate each individual parcel. 3. Inclusion/Exclusion Amendment: This amendment is used when there is a need to include or exclude specific portions of land from the existing lease agreement. It becomes necessary when new land is discovered or when land needs to be removed due to legal or environmental considerations. 4. Easement Amendment: In situations where an easement is necessary to access the leased property, this type of amendment is used to clearly define the rights and restrictions associated with the easement. In each of these cases, the Salt Lake Utah Amendment to Oil and Gas Lease to Correct Land Description serves as a legally binding document that ensures the accuracy and clarity of the leased property's description, thereby safeguarding the interests of both the lessor and the lessee.

Free preview
  • Form preview
  • Form preview

How to fill out Salt Lake Utah Amendment To Oil And Gas Lease To Correct Land Description?

Are you looking to quickly create a legally-binding Salt Lake Amendment to Oil and Gas Lease to Correct Land Description or probably any other form to manage your own or business matters? You can select one of the two options: hire a legal advisor to draft a valid paper for you or create it completely on your own. Thankfully, there's another option - US Legal Forms. It will help you receive neatly written legal paperwork without having to pay unreasonable prices for legal services.

US Legal Forms offers a huge collection of more than 85,000 state-specific form templates, including Salt Lake Amendment to Oil and Gas Lease to Correct Land Description and form packages. We offer templates for a myriad of use cases: from divorce paperwork to real estate document templates. We've been out there for over 25 years and got a rock-solid reputation among our clients. Here's how you can become one of them and obtain the needed template without extra hassles.

  • First and foremost, carefully verify if the Salt Lake Amendment to Oil and Gas Lease to Correct Land Description is tailored to your state's or county's laws.
  • In case the form has a desciption, make sure to verify what it's intended for.
  • Start the searching process over if the template isn’t what you were hoping to find by using the search bar in the header.
  • Choose the plan that is best suited for your needs and move forward to the payment.
  • Choose the file format you would like to get your form in and download it.
  • Print it out, fill it out, and sign on the dotted line.

If you've already set up an account, you can simply log in to it, find the Salt Lake Amendment to Oil and Gas Lease to Correct Land Description template, and download it. To re-download the form, simply go to the My Forms tab.

It's stressless to find and download legal forms if you use our catalog. Moreover, the templates we offer are reviewed by law professionals, which gives you greater peace of mind when dealing with legal affairs. Try US Legal Forms now and see for yourself!

Form popularity

FAQ

If a lease is a "paid-up" lease, then the lease will remain in effect during the entire primary term with no further payments to the Lessor unless and until actual production of oil or gas is established.

The primary term of a federal oil and gas lease is 10 years. The term is extended as long as the lease has at least one well capable of production. Leases do not authorize ground disturbance.

An oil lease is essentially an agreement between parties to allow a Lessee (the oil and gas company and their production crew) to have access to the property and minerals (oil and gas) on the property of the Lessor. The lease agreement is a legal contract of terms.

Definition of oil and gas lease : a deed by which a landowner authorizes exploration for and production of oil and gas on his land usually in consideration of a royalty.

The BLM generally issues two types of leases for oil and gas exploration and development on lands owned or controlled by the Federal government -- competitive and noncompetitive.

Memorandum of Lease. (Oil & Gas) This form is a memorandum of lease that summarizes an oil and gas lease without disclosing confidential information contained in the lease itself. It is filed in the county in which the leased property is located to put third parties on notice that a lease exists.

The Mineral Leasing Act of 1920, as amended, and the Mineral Leasing Act for Acquired Lands of 1947, as amended, give the Bureau of Land Management (BLM) responsibility for oil and gas leasing on about 564 million acres of BLM, national forest, and other Federal lands, as well as State and private surface lands where

When you sign a mineral lease deal with an E&P, here are three things you want to make sure you have: Gross or Cost-Free Royalty Provision. The first thing landowners typically want to know with an Oil and Gas Lease is, What's my bonus amount?Surface protection & Pugh Clause.Length of lease.

An oil lease is essentially an agreement between parties to allow a Lessee (the oil and gas company and their production crew) to have access to the property and minerals (oil and gas) on the property of the Lessor. The lease agreement is a legal contract of terms.

Interesting Questions

More info

The History of Offshore Oil and Gas in the United States. An oil and gas lease is a legal contract between a land owner and oil company that gives the right to explore for oil or natural gas on a piece of land.How to Complete Facility Licence Application Schedules . It's the eleventh hour of the day before your oil and gas lease expires. (Record Group 49) 1685-1993 (bulk 1770-1982) OVERVIEW OF RECORDS LOCATIONS Table of Contents 49. There are more than 63,000 oil and gas wells on BLM public lands. Compliance Challenges for Foreign Investment in the U.S.. Article. Winston Attorneys Contribute to Global Legal Insights – Cartels 2021. Article. United States Department of the Interior.

Trusted and secure by over 3 million people of the world’s leading companies

Salt Lake Utah Amendment to Oil and Gas Lease to Correct Land Description