Houston 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
• City: Houston
• 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. Houston, Texas is a bustling city known for its diverse culture, rich history, and booming economy. As the most populous city in the state of Texas and the fourth-largest city in the United States, Houston is a major hub for industries such as energy, aerospace, healthcare, and international trade. The city is home to a vibrant arts and entertainment scene, world-class museums, professional sports teams, and some best dining options in the country. When it comes to real estate in Houston, there are various types of lease provisions that tenants and lessors need to be aware of. One such provision is the Houston Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within a Specified Distance of Structure. This provision specifically addresses the issue of drilling activities near structures, aiming to protect the lessor's property and ensure safety. The purpose of this provision is to establish guidelines that prohibit drilling within a certain distance of any structure owned by the lessor. By implementing this waiver of lease provision, the lessor aims to safeguard their property from potential dangers and disruptions caused by drilling operations. It also ensures that the structural integrity of the buildings or other structures is not compromised. There are commonly two types of Houston Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure. The first type explicitly prohibits any drilling activities within a certain distance, which is defined in the lease agreement, around the structures owned by the lessor. This type of provision offers strict protection to the lessor's property. The second type of provision may include a negotiation aspect. It allows for drilling within a specified distance of the structure if certain conditions and requirements are fulfilled. These conditions could include obtaining appropriate permits, adherence to safety regulations, and providing compensation or safeguards for the lessor in case of any damages or disruptions caused by the drilling activities. In both types of provisions, the ultimate goal is to strike a balance between the rights of the lessor and the tenant or operator engaging in drilling activities. This focused lease provision ensures that the lessor can maintain control over their property while also allowing for activities that are essential for the energy industry's operations in Houston. In conclusion, the Houston Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is an important aspect of lease agreements in Houston. It aims to protect the lessor's property and maintain the safety and integrity of structures by either completely prohibiting drilling activities within a defined distance or establishing conditions for drilling near structures.

Houston, Texas is a bustling city known for its diverse culture, rich history, and booming economy. As the most populous city in the state of Texas and the fourth-largest city in the United States, Houston is a major hub for industries such as energy, aerospace, healthcare, and international trade. The city is home to a vibrant arts and entertainment scene, world-class museums, professional sports teams, and some best dining options in the country. When it comes to real estate in Houston, there are various types of lease provisions that tenants and lessors need to be aware of. One such provision is the Houston Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within a Specified Distance of Structure. This provision specifically addresses the issue of drilling activities near structures, aiming to protect the lessor's property and ensure safety. The purpose of this provision is to establish guidelines that prohibit drilling within a certain distance of any structure owned by the lessor. By implementing this waiver of lease provision, the lessor aims to safeguard their property from potential dangers and disruptions caused by drilling operations. It also ensures that the structural integrity of the buildings or other structures is not compromised. There are commonly two types of Houston Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure. The first type explicitly prohibits any drilling activities within a certain distance, which is defined in the lease agreement, around the structures owned by the lessor. This type of provision offers strict protection to the lessor's property. The second type of provision may include a negotiation aspect. It allows for drilling within a specified distance of the structure if certain conditions and requirements are fulfilled. These conditions could include obtaining appropriate permits, adherence to safety regulations, and providing compensation or safeguards for the lessor in case of any damages or disruptions caused by the drilling activities. In both types of provisions, the ultimate goal is to strike a balance between the rights of the lessor and the tenant or operator engaging in drilling activities. This focused lease provision ensures that the lessor can maintain control over their property while also allowing for activities that are essential for the energy industry's operations in Houston. In conclusion, the Houston Texas Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is an important aspect of lease agreements in Houston. It aims to protect the lessor's property and maintain the safety and integrity of structures by either completely prohibiting drilling activities within a defined distance or establishing conditions for drilling near structures.