This form addresses the situation where an oil operator desires to store oil (probably in a tank battery) on lands where the wells are not located and are not subject to an oil and gas lease.
Travis Texas Surface Lease is a legal agreement that grants permission to individuals or companies to store or transport oil and gas from off-premises on a designated piece of land located in Travis County, Texas. This lease is crucial for the energy industry as it facilitates the smooth operation and expansion of their activities in the region. The Travis Texas Surface Lease can be further categorized into several types, depending on the specific requirements and needs of the parties involved. These types include: 1. Exploration and Production Surface Lease: This type of lease allows companies to conduct exploratory activities on the designated land, such as seismic testing, drilling, and extraction of oil and gas resources. It grants rights for the storage and transportation of the extracted resources to other locations. 2. Storage Surface Lease: This lease primarily focuses on providing storage facilities for oil and gas resources that are transported from off-premises. It may involve the construction, operation, and maintenance of storage tanks, pipelines, or other infrastructure required for the safe and efficient storage of these resources. 3. Transportation Surface Lease: This lease focuses on allowing the transportation of oil and gas resources from off-premises, often through pipelines or other transportation systems. It grants the right of way and specifies the terms and conditions for the construction, maintenance, and operation of the transportation infrastructure on the designated land. 4. Midstream Infrastructure Surface Lease: This type of lease is specific to midstream companies that are involved in the processing, storing, and transporting of oil and gas resources. It may include the installation and operation of processing facilities, pipelines, compressor stations, and other necessary infrastructure for the efficient movement of these resources. In summary, Travis Texas Surface Lease is a contractual agreement that enables the storing or transporting of oil and gas from off-premises on a designated property. Its different types cater to the various aspects of the energy industry, including exploration, production, storage, and transportation. These leases play a vital role in facilitating the smooth operation of the industry and ensuring compliance with regulatory requirements.
Travis Texas Surface Lease is a legal agreement that grants permission to individuals or companies to store or transport oil and gas from off-premises on a designated piece of land located in Travis County, Texas. This lease is crucial for the energy industry as it facilitates the smooth operation and expansion of their activities in the region. The Travis Texas Surface Lease can be further categorized into several types, depending on the specific requirements and needs of the parties involved. These types include: 1. Exploration and Production Surface Lease: This type of lease allows companies to conduct exploratory activities on the designated land, such as seismic testing, drilling, and extraction of oil and gas resources. It grants rights for the storage and transportation of the extracted resources to other locations. 2. Storage Surface Lease: This lease primarily focuses on providing storage facilities for oil and gas resources that are transported from off-premises. It may involve the construction, operation, and maintenance of storage tanks, pipelines, or other infrastructure required for the safe and efficient storage of these resources. 3. Transportation Surface Lease: This lease focuses on allowing the transportation of oil and gas resources from off-premises, often through pipelines or other transportation systems. It grants the right of way and specifies the terms and conditions for the construction, maintenance, and operation of the transportation infrastructure on the designated land. 4. Midstream Infrastructure Surface Lease: This type of lease is specific to midstream companies that are involved in the processing, storing, and transporting of oil and gas resources. It may include the installation and operation of processing facilities, pipelines, compressor stations, and other necessary infrastructure for the efficient movement of these resources. In summary, Travis Texas Surface Lease is a contractual agreement that enables the storing or transporting of oil and gas from off-premises on a designated property. Its different types cater to the various aspects of the energy industry, including exploration, production, storage, and transportation. These leases play a vital role in facilitating the smooth operation of the industry and ensuring compliance with regulatory requirements.