Franklin Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right ot Use the Surface of the Lands being Granted)

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• County: Franklin
• Control #: US-OG-1151
• Format: Word; Rich Text

Description

This form is a subsurface underground gas storage lease and agreement from a surface owner with no rights to use the surface of the lands being granted. The Franklin Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted) is a legal contract that defines the rights and obligations of a surface owner and a subsurface storage operator in Franklin, Ohio. This type of agreement allows the operator to store various substances or materials underground, while the surface owner retains ownership and control of the surface area. Keywords: Franklin Ohio, subsurface underground storage lease, agreement, surface owner, no right to use the surface, lands being granted. Different Types of Franklin Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted): 1. Natural Gas Storage Lease: This type of agreement permits the storage of natural gas in underground formations. The operator may use the subsurface facilities for injecting, storing, and withdrawing natural gas as specified in the lease terms. 2. Oil Storage Lease: This lease agreement allows for the storage of oil in underground reservoirs. The operator is granted the right to use the subsurface storage facilities for the storage and retrieval of oil, including any necessary drilling or injection operations. 3. Chemical Storage Lease: With this type of agreement, the surface owner grants the operator the right to store various chemical substances underground. This includes chemicals used in industrial processes, hazardous materials, or any other substances requiring secure underground storage. 4. Water Storage Lease: In certain cases, water storage may be necessary, such as during periods of excess rainfall for future use or for the management of water resources. This lease permits the operator to store water in underground reservoirs or aquifers. 5. Waste Storage Lease: This type of agreement is designed for the storage of waste materials, such as hazardous waste or solid waste, in subsurface facilities. The operator is responsible for maintaining and managing the storage system in compliance with environmental regulations. It is essential for both the surface owner and the operator to carefully review and negotiate the terms of the lease to ensure their respective rights, responsibilities, and liabilities are appropriately addressed. Consulting with legal professionals specializing in these types of agreements is highly recommended ensuring all legal requirements and considerations are adequately addressed.

The Franklin Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted) is a legal contract that defines the rights and obligations of a surface owner and a subsurface storage operator in Franklin, Ohio. This type of agreement allows the operator to store various substances or materials underground, while the surface owner retains ownership and control of the surface area. Keywords: Franklin Ohio, subsurface underground storage lease, agreement, surface owner, no right to use the surface, lands being granted. Different Types of Franklin Ohio Subsurface Underground Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted): 1. Natural Gas Storage Lease: This type of agreement permits the storage of natural gas in underground formations. The operator may use the subsurface facilities for injecting, storing, and withdrawing natural gas as specified in the lease terms. 2. Oil Storage Lease: This lease agreement allows for the storage of oil in underground reservoirs. The operator is granted the right to use the subsurface storage facilities for the storage and retrieval of oil, including any necessary drilling or injection operations. 3. Chemical Storage Lease: With this type of agreement, the surface owner grants the operator the right to store various chemical substances underground. This includes chemicals used in industrial processes, hazardous materials, or any other substances requiring secure underground storage. 4. Water Storage Lease: In certain cases, water storage may be necessary, such as during periods of excess rainfall for future use or for the management of water resources. This lease permits the operator to store water in underground reservoirs or aquifers. 5. Waste Storage Lease: This type of agreement is designed for the storage of waste materials, such as hazardous waste or solid waste, in subsurface facilities. The operator is responsible for maintaining and managing the storage system in compliance with environmental regulations. It is essential for both the surface owner and the operator to carefully review and negotiate the terms of the lease to ensure their respective rights, responsibilities, and liabilities are appropriately addressed. Consulting with legal professionals specializing in these types of agreements is highly recommended ensuring all legal requirements and considerations are adequately addressed.