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

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• County: Hennepin
• Control #: US-OG-1149
• Format: Word; Rich Text

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. The Hennepin Minnesota 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 legal document that outlines the terms and conditions between a surface owner and a gas storage company regarding the use of the subsurface underground space for gas storage purposes. Key terms and keywords related to this agreement include: 1. Subsurface Underground Gas Storage: Refers to the process of storing natural gas or other gases in underground reservoirs or caverns, typically created in depleted oil or gas fields, aquifers, or salt domes. 2. Hennepin County, Minnesota: The specific geographical location relevant to this agreement, indicating that it pertains to gas storage in the Hennepin County area. 3. Surface Owner: Refers to the individual or entity that owns the rights to the surface of the land where the gas storage activities will occur. However, it's important to note that the surface owner does not have the right to utilize the subsurface space. 4. Lease and Agreement: Describes the contractual arrangement between the surface owner and the gas storage company, detailing the rights and obligations of each party regarding the use of the subsurface space for gas storage. Different types of Hennepin Minnesota Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted) may include variations in lease duration, payment terms, specific gas storage purposes (e.g., natural gas, methane, propane), or additional clauses and provisions tailored to specific circumstances. For example, there might be separate agreements for short-term or long-term leases, renewable energy storage, or conditions related to environmental impact assessments. It's important to consult legal experts or review specific agreements to understand the nuances and variations of the Hennepin Minnesota Subsurface Underground Gas Storage Lease and Agreement. Local regulations, land ownership rights, and environmental considerations may also influence the specific terms and types of agreements that exist within the Hennepin County region.

The Hennepin Minnesota 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 legal document that outlines the terms and conditions between a surface owner and a gas storage company regarding the use of the subsurface underground space for gas storage purposes. Key terms and keywords related to this agreement include: 1. Subsurface Underground Gas Storage: Refers to the process of storing natural gas or other gases in underground reservoirs or caverns, typically created in depleted oil or gas fields, aquifers, or salt domes. 2. Hennepin County, Minnesota: The specific geographical location relevant to this agreement, indicating that it pertains to gas storage in the Hennepin County area. 3. Surface Owner: Refers to the individual or entity that owns the rights to the surface of the land where the gas storage activities will occur. However, it's important to note that the surface owner does not have the right to utilize the subsurface space. 4. Lease and Agreement: Describes the contractual arrangement between the surface owner and the gas storage company, detailing the rights and obligations of each party regarding the use of the subsurface space for gas storage. Different types of Hennepin Minnesota Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted) may include variations in lease duration, payment terms, specific gas storage purposes (e.g., natural gas, methane, propane), or additional clauses and provisions tailored to specific circumstances. For example, there might be separate agreements for short-term or long-term leases, renewable energy storage, or conditions related to environmental impact assessments. It's important to consult legal experts or review specific agreements to understand the nuances and variations of the Hennepin Minnesota Subsurface Underground Gas Storage Lease and Agreement. Local regulations, land ownership rights, and environmental considerations may also influence the specific terms and types of agreements that exist within the Hennepin County region.