Los Angeles California Conveyance of Right to Make Free Use of Gas Provided For in An Oil and Gas Lease

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• County: Los Angeles
• Control #: US-OG-100
• Format: Word; Rich Text

Description

If a lessor has retained the right to use gas, this form provides for the transfer of this right to the surface owner of the lands covered by the oil and gas lease granted by the lessor. Los Angeles California is a vibrant city located on the west coast of the United States. It is the largest city in California and the second-largest city in the country, known for its diverse culture, entertainment industry, and beautiful weather. Los Angeles is home to famous attractions such as Hollywood, Universal Studios, and the iconic Griffith Observatory. In the context of an Oil and Gas Lease, the Conveyance of Right to Make Free Use of Gas Provided For is an important legal provision. This clause grants the lessee (the person or company leasing the land for oil and gas extraction) the right to use the gas produced from the leased property free of charge. The lessee can use the gas for their own consumption or for other purposes such as sale, trade, or distribution. The Conveyance of Right to Make Free Use of Gas Provided For is crucial to ensure that the lessee can make the most of the resources extracted from the oil or gas well. By having the right to utilize the gas without any additional cost, the lessee can benefit financially and enhance the profitability of their operations. Different types of Los Angeles California Conveyance of Right to Make Free Use of Gas Provided For in an Oil and Gas Lease may include: 1. Exclusive Free Use: This type grants the lessee the exclusive right to use the gas produced from the leased property free of charge. No other parties, including the lessor (the owner of the land), can utilize the gas without the lessee's consent. 2. Non-Exclusive Free Use: In this case, the lessee has the right to use the gas without any additional cost, but the lessor may also have the ability to utilize the gas or grant permission to third parties to access it. 3. Limited Free Use: This type of conveyance specifies certain restrictions or limitations on the lessee's free use of the gas. The lease agreement may outline the maximum allowable volume of gas that can be utilized or the purposes for which the gas can be used. 4. Retained Royalty Interest: While not strictly a conveyance of the right to make free use of gas, this provision allows the lessor to retain a percentage or fraction of the value of the gas produced, even if the lessee is granted the right to make free use of the gas. This ensures that the lessor continues to benefit financially from the extraction activities. In conclusion, Los Angeles California is an iconic city known for its vibrant culture and various attractions. In an Oil and Gas Lease, the Conveyance of Right to Make Free Use of Gas Provided For is a crucial provision that allows the lessee to utilize the gas produced from the leased property without any additional cost. Different variations of this conveyance may exist, including exclusive, non-exclusive, limited, or in conjunction with retained royalty interests.

Los Angeles California is a vibrant city located on the west coast of the United States. It is the largest city in California and the second-largest city in the country, known for its diverse culture, entertainment industry, and beautiful weather. Los Angeles is home to famous attractions such as Hollywood, Universal Studios, and the iconic Griffith Observatory. In the context of an Oil and Gas Lease, the Conveyance of Right to Make Free Use of Gas Provided For is an important legal provision. This clause grants the lessee (the person or company leasing the land for oil and gas extraction) the right to use the gas produced from the leased property free of charge. The lessee can use the gas for their own consumption or for other purposes such as sale, trade, or distribution. The Conveyance of Right to Make Free Use of Gas Provided For is crucial to ensure that the lessee can make the most of the resources extracted from the oil or gas well. By having the right to utilize the gas without any additional cost, the lessee can benefit financially and enhance the profitability of their operations. Different types of Los Angeles California Conveyance of Right to Make Free Use of Gas Provided For in an Oil and Gas Lease may include: 1. Exclusive Free Use: This type grants the lessee the exclusive right to use the gas produced from the leased property free of charge. No other parties, including the lessor (the owner of the land), can utilize the gas without the lessee's consent. 2. Non-Exclusive Free Use: In this case, the lessee has the right to use the gas without any additional cost, but the lessor may also have the ability to utilize the gas or grant permission to third parties to access it. 3. Limited Free Use: This type of conveyance specifies certain restrictions or limitations on the lessee's free use of the gas. The lease agreement may outline the maximum allowable volume of gas that can be utilized or the purposes for which the gas can be used. 4. Retained Royalty Interest: While not strictly a conveyance of the right to make free use of gas, this provision allows the lessor to retain a percentage or fraction of the value of the gas produced, even if the lessee is granted the right to make free use of the gas. This ensures that the lessor continues to benefit financially from the extraction activities. In conclusion, Los Angeles California is an iconic city known for its vibrant culture and various attractions. In an Oil and Gas Lease, the Conveyance of Right to Make Free Use of Gas Provided For is a crucial provision that allows the lessee to utilize the gas produced from the leased property without any additional cost. Different variations of this conveyance may exist, including exclusive, non-exclusive, limited, or in conjunction with retained royalty interests.