The Harris Texas Amendment to Oil and Gas Lease is a legal document that outlines specific modifications and additions to the standard lease agreement used in the oil and gas industry in Harris County, Texas. This amendment serves as an addendum to the original lease and contains provisions that are unique to the Harris County jurisdiction. It addresses various issues that are specific to the region and aims to protect the rights and interests of both the lessor (landowner) and the lessee (oil and gas exploration company). One key aspect covered in the Harris Texas Amendment is the extent of the lessee's access to the leased property. It may outline restrictions or requirements for drilling, well placement, surface operations, and access roads. The amendment ensures that the lessee operates in compliance with local regulations and minimizes any potential impacts on neighboring properties or the environment. Another important area addressed in this amendment is the compensation structure. It explains how royalty payments will be calculated and distributed to the lessor, based on the production and sale of oil and gas resources. The language may include details about bonus payments, delay rentals, and minimum royalties to safeguard against inadequate compensation. The Harris Texas Amendment may also incorporate provisions related to environmental protection and safety measures. It may require the lessee to obtain necessary permits, conduct comprehensive site assessments, and adopt best practices for well management, waste disposal, and reclamation activities. Such clauses help ensure responsible resource extraction and minimize the negative impact on the surrounding ecosystem. Different types of Harris Texas Amendments to Oil and Gas Lease With Amendments to Be inserted in Form can exist based on specific circumstances or addendums required by the parties involved. For example, an amendment could address leasing additional acreage to the existing lease, changing the term of the lease, extending the expiration date, or modifying the royalty rates and payment schedules. Overall, the Harris Texas Amendment to Oil and Gas Lease With Amendments to Be inserted in Form provides a comprehensive framework for oil and gas exploration within Harris County. It addresses legal intricacies specific to the region, ensures fair compensation for the lessor, and promotes environmental stewardship.
Harris Texas Amendment to Oil and Gas Lease With Amendments to Be inserted in Form
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FAQ
Other commentators have described these implied obligations as a duty to (1) develop the lease, (2) protect the lease against drainage, (3) market production, and (4) act as a reasonably prudent operator. Courts have held that these obligations are implied in every lease unless the lease expressly disclaims the duties.
The horizontal Pugh clause operates to release all lands not included in a pooled unit, typically at the end of the primary term or after cessation of continuous drilling operations, if the lease provides for same. The horizontal Pugh clause releases land at the surface as to all depths.
Under Texas law, there is a rule of non-apportionment. It sets out that when the property is subdivided after the lease is already in place on the tract, the royalties are not apportioned but given to the royalty interest owner on whose property the well physically sits.
An entireties clause usually states that even if the leased premises are subsequently divided, the land will still be developed and operated as one lease and the royalties will be divided proportionately amongst the owners of the leased acreage. Montgomery v. Rittersbacher, 424 S.W. 2d 210, 212 (Tex.
Loosely speaking, retained-acreage clauses provide that at the end of a period of time or upon the conclusion of certain activity, the lessee or assignee's oil-and-gas rights will terminate except as to those interests designated in the contract as being retainedor earnedby development.
Under a community lease, the lessee is entitled to treat all tracts/interests covered by the instrument as a single leased premises, and depending on the express terms of the lease itself, operations and/or production anywhere on the tracts covered by the lease will normally be deemed to relate to the entire area
A Pugh Clause is meant to prevent a lessee from declaring all lands under an oil and gas lease as being held by production, even if production only occurs on a fraction of the property.
Generally, a pooling clause will allow the leased premises to be combined with other lands to form a drilling unit, wherein proceeds from production anywhere on the drilling unit are allocated according to the percentage of the acreage of each tract divided by the total acreage of the drilling unit.
The purpose of the amendments is to authorize overriding royalties or payments out of production on oil and gas leases of Indian lands. Such royalties or payments are those paid to a lessee or leaseholder when a lease is assigned and are in addition to the royalties or payments paid to the lessor or landowner.
In general terms, the Pugh Clause provides that production from a unitized or pooled area located on or including a portion of the leased lands will not be sufficient to extend the primary term for the entire leasehold.