Contra Costa California Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted)

State:
Multi-State
County:
Contra Costa
Control #:
US-OG-1149
Format:
Word; 
Rich Text
Instant download

Description

This form is a subsurface underground storage lease and agreement from a surface owner with no rights to use the surface of the lands being granted. A Contra Costa California Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted) is a legally binding contract entered into between a surface owner and a gas storage company. This agreement grants the gas storage company the exclusive right to store natural gas or other related substances underground on the surface owner's property, without granting them any rights to use the surface of the land. The lease and agreement outline the terms and conditions under which the gas storage company may access, use, and store gas beneath the surface owner's property. It typically covers details such as the duration of the lease, the payment and compensation structure, the rights and responsibilities of both parties, and any necessary permits and environmental regulations. This type of lease and agreement is specific to Contra Costa County in California, and similar agreements may differ between jurisdictions. However, there may be different variations of the Contra Costa California Subsurface Underground Gas Storage Lease and Agreement, depending on the specific requirements and conditions of the gas storage operation. Some possible variations of such leases could include different durations of storage rights granted, varying compensation structures based on the volume of gas stored, or specific provisions addressing environmental protection and site restoration. It is important for both the surface owner and the gas storage company to thoroughly review and negotiate the terms of the agreement to ensure fair and equitable treatment for both parties. Hiring legal counsel experienced in gas storage lease agreements can provide expert guidance and assistance in navigating the complexities of this specific type of contract.

A Contra Costa California Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted) is a legally binding contract entered into between a surface owner and a gas storage company. This agreement grants the gas storage company the exclusive right to store natural gas or other related substances underground on the surface owner's property, without granting them any rights to use the surface of the land. The lease and agreement outline the terms and conditions under which the gas storage company may access, use, and store gas beneath the surface owner's property. It typically covers details such as the duration of the lease, the payment and compensation structure, the rights and responsibilities of both parties, and any necessary permits and environmental regulations. This type of lease and agreement is specific to Contra Costa County in California, and similar agreements may differ between jurisdictions. However, there may be different variations of the Contra Costa California Subsurface Underground Gas Storage Lease and Agreement, depending on the specific requirements and conditions of the gas storage operation. Some possible variations of such leases could include different durations of storage rights granted, varying compensation structures based on the volume of gas stored, or specific provisions addressing environmental protection and site restoration. It is important for both the surface owner and the gas storage company to thoroughly review and negotiate the terms of the agreement to ensure fair and equitable treatment for both parties. Hiring legal counsel experienced in gas storage lease agreements can provide expert guidance and assistance in navigating the complexities of this specific type of contract.

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Contra Costa California Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted)