Collin Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure

• Category: Oil Gas and Minerals - Waivers
• State: Multi-State
• County: Collin
• Control #: US-OG-155
• Format: Word; Rich Text

Description

This form serves to amend an oil and gas lease to allow a lessee to drill at any location on lands subject to a lease, including a location in close proximity to a building or structure on the lands subject to a lease. One type of Collin Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is the "Surface Protection Clause." This provision is commonly included in lease agreements in Collin County, Texas, and is designed to safeguard the surface property rights of the lessor, while also placing restrictions on drilling activities within a certain distance of structures. The Surface Protection Clause serves as a waiver of lease provision that explicitly prohibits drilling operations within a specified distance, typically ranging from 500 to 1,000 feet, of any existing structures on the lessor's property. These structures may include residential homes, commercial buildings, infrastructure, or protected land features. The primary objective of this provision is to prevent any potential negative impacts that drilling activities may have on the structural integrity, safety, aesthetics, or livability of the lessor's property. By implementing this clause, the lessor intends to maintain the value and usability of their property, and to mitigate any potential risks associated with drilling operations in proximity to structures. Collin County, Texas, being located in the heart of the Barnett Shale natural gas field, has seen a significant increase in drilling activities over the years. As a result, it has become increasingly common for landowners to negotiate and include a Surface Protection Clause within their lease agreements. This provision helps strike a balance between the rights of the lessor to surface use and enjoyment and the rights of the lessee to exploit the underground mineral resources. In addition to the Surface Protection Clause, other types of Collin Texas Waiver of Lease Provisions by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure may include variations or customizations based on the unique circumstances and priorities of the lessor. These may include specific restrictions on drilling activities near sensitive areas such as water sources, protected wildlife habitats, or designated conservation zones. Overall, the inclusion of a Collin Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is crucial for the lessor to exercise control over their property rights and to ensure the preservation of the surface for activities other than oil and gas extraction. It offers both legal protection and peace of mind to the lessor, allowing them to maintain the integrity and value of their property while allowing for productive energy exploration and extraction in a responsible and sustainable manner.

One type of Collin Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is the "Surface Protection Clause." This provision is commonly included in lease agreements in Collin County, Texas, and is designed to safeguard the surface property rights of the lessor, while also placing restrictions on drilling activities within a certain distance of structures. The Surface Protection Clause serves as a waiver of lease provision that explicitly prohibits drilling operations within a specified distance, typically ranging from 500 to 1,000 feet, of any existing structures on the lessor's property. These structures may include residential homes, commercial buildings, infrastructure, or protected land features. The primary objective of this provision is to prevent any potential negative impacts that drilling activities may have on the structural integrity, safety, aesthetics, or livability of the lessor's property. By implementing this clause, the lessor intends to maintain the value and usability of their property, and to mitigate any potential risks associated with drilling operations in proximity to structures. Collin County, Texas, being located in the heart of the Barnett Shale natural gas field, has seen a significant increase in drilling activities over the years. As a result, it has become increasingly common for landowners to negotiate and include a Surface Protection Clause within their lease agreements. This provision helps strike a balance between the rights of the lessor to surface use and enjoyment and the rights of the lessee to exploit the underground mineral resources. In addition to the Surface Protection Clause, other types of Collin Texas Waiver of Lease Provisions by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure may include variations or customizations based on the unique circumstances and priorities of the lessor. These may include specific restrictions on drilling activities near sensitive areas such as water sources, protected wildlife habitats, or designated conservation zones. Overall, the inclusion of a Collin Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is crucial for the lessor to exercise control over their property rights and to ensure the preservation of the surface for activities other than oil and gas extraction. It offers both legal protection and peace of mind to the lessor, allowing them to maintain the integrity and value of their property while allowing for productive energy exploration and extraction in a responsible and sustainable manner.