Pima Arizona Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations - Long Form

• Category: Oil Gas and Minerals - Water
• State: Multi-State
• County: Pima
• Control #: US-OG-159
• Format: Word; Rich Text

Description

This form is an agreement between parties providing for the sale of water to a lessee for use in secondary recovery operations. Lima Arizona Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations — Long Form Introduction: The Lima Arizona Fresh Water Purchase Agreement between a Landowner and Operator is a comprehensive legal document that outlines the terms and conditions for the purchase and utilization of fresh water in secondary recovery operations. This agreement serves as a critical tool for successfully carrying out secondary recovery operations in Lima, Arizona, and ensuring a mutually beneficial relationship between landowners and operators. Parties Involved: The agreement identifies the parties involved, including the landowner (i.e., the owner of the water rights or land where the water is located) and the operator (i.e., the individual or company actively engaged in secondary recovery operations). Agreement Scope: The agreement defines the specific scope of the agreement, which exclusively covers the purchase and use of fresh water in secondary recovery operations. This ensures clarity and avoids confusion with any other agreements or operations that may be ongoing. Water Rights and Availability: This section specifies the water rights and availability, including details about the volume of fresh water the landowner is willing to sell or lease to the operator. The agreement also addresses any regulatory or legal requirements related to the use of water in secondary recovery operations. Purchase Price and Payment Terms: The purchase price and payment terms are explicitly outlined in this section. It includes details such as the agreed-upon price per unit of fresh water, payment frequency, and the responsibilities of each party for any associated costs or fees. Water Quality and Preservation: To maintain the quality of fresh water, this section outlines quality control measures, ensuring that the water supplied to the operator meets specific standards. It also addresses the landowner's obligations to preserve the quality and quantity of water available for secondary recovery operations. Term and Termination: The term and termination provisions establish the duration of the agreement and the conditions under which it may be terminated. This includes provisions for early termination, default, breach, or expiration of the agreement. Dispute Resolution and Governing Law: In case of any disputes, this section outlines the agreed-upon methods of resolution, such as mediation or arbitration. It also specifies the governing law of the agreement, ensuring legal consistency and protection for both parties. Confidentiality and Non-Disclosure: To protect sensitive information, this section addresses the confidentiality and non-disclosure obligations of both parties, ensuring that any business or operational details remain confidential. Amendments and Entire Agreement: This section acknowledges that any modifications to the agreement must be in writing and agreed upon by both parties. It also states that the current agreement supersedes any prior agreements or representations made between the landowner and the operator. Applicable Types of Lima Arizona Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations — Long Form— - Single Well Agreement: Specific to a single well or water source, ideal for limited-scale operators or landowners with a single water source. — Field-Wide Agreement: Applicable when multiple wells within a designated field or area are involved, catering to larger-scale operations. — Multi-Party Agreement: Suitable when multiple landowners and operators are involved, providing a platform for collective agreements and ensuring cooperation among various parties. Conclusion: The Lima Arizona Fresh Water Purchase Agreement serves as a crucial legal instrument for landowners and operators engaged in secondary recovery operations. Through its comprehensive clauses and well-defined terms, it establishes a clear framework, communication, and understanding between the parties involved, ultimately promoting efficient and sustainable water usage for secondary recovery operations in Lima, Arizona.

Lima Arizona Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations — Long Form Introduction: The Lima Arizona Fresh Water Purchase Agreement between a Landowner and Operator is a comprehensive legal document that outlines the terms and conditions for the purchase and utilization of fresh water in secondary recovery operations. This agreement serves as a critical tool for successfully carrying out secondary recovery operations in Lima, Arizona, and ensuring a mutually beneficial relationship between landowners and operators. Parties Involved: The agreement identifies the parties involved, including the landowner (i.e., the owner of the water rights or land where the water is located) and the operator (i.e., the individual or company actively engaged in secondary recovery operations). Agreement Scope: The agreement defines the specific scope of the agreement, which exclusively covers the purchase and use of fresh water in secondary recovery operations. This ensures clarity and avoids confusion with any other agreements or operations that may be ongoing. Water Rights and Availability: This section specifies the water rights and availability, including details about the volume of fresh water the landowner is willing to sell or lease to the operator. The agreement also addresses any regulatory or legal requirements related to the use of water in secondary recovery operations. Purchase Price and Payment Terms: The purchase price and payment terms are explicitly outlined in this section. It includes details such as the agreed-upon price per unit of fresh water, payment frequency, and the responsibilities of each party for any associated costs or fees. Water Quality and Preservation: To maintain the quality of fresh water, this section outlines quality control measures, ensuring that the water supplied to the operator meets specific standards. It also addresses the landowner's obligations to preserve the quality and quantity of water available for secondary recovery operations. Term and Termination: The term and termination provisions establish the duration of the agreement and the conditions under which it may be terminated. This includes provisions for early termination, default, breach, or expiration of the agreement. Dispute Resolution and Governing Law: In case of any disputes, this section outlines the agreed-upon methods of resolution, such as mediation or arbitration. It also specifies the governing law of the agreement, ensuring legal consistency and protection for both parties. Confidentiality and Non-Disclosure: To protect sensitive information, this section addresses the confidentiality and non-disclosure obligations of both parties, ensuring that any business or operational details remain confidential. Amendments and Entire Agreement: This section acknowledges that any modifications to the agreement must be in writing and agreed upon by both parties. It also states that the current agreement supersedes any prior agreements or representations made between the landowner and the operator. Applicable Types of Lima Arizona Fresh Water Purchase Agreement Between Landowner and Operator For Use in Secondary Recovery Operations — Long Form— - Single Well Agreement: Specific to a single well or water source, ideal for limited-scale operators or landowners with a single water source. — Field-Wide Agreement: Applicable when multiple wells within a designated field or area are involved, catering to larger-scale operations. — Multi-Party Agreement: Suitable when multiple landowners and operators are involved, providing a platform for collective agreements and ensuring cooperation among various parties. Conclusion: The Lima Arizona Fresh Water Purchase Agreement serves as a crucial legal instrument for landowners and operators engaged in secondary recovery operations. Through its comprehensive clauses and well-defined terms, it establishes a clear framework, communication, and understanding between the parties involved, ultimately promoting efficient and sustainable water usage for secondary recovery operations in Lima, Arizona.