What is an oil and gas lease?

An oil or gas lease is a legal document where a landowner grants an individual or company the right to extract oil or gas from beneath the landowner's property. Courts generally find leases to be legally binding, so it is very important that you understand all the terms of a lease before you sign it.

US Legal Forms
Localized Forms
California
Santa Clara
Amendment to Oil and Gas Lease to Amend Pooling Provision

Santa Clara California Amendment to Oil and Gas Lease to Amend Pooling Provision

Name: Santa Clara California Amendment to Oil and Gas Lease to Amend Pooling Provision
Brand: US Legal Forms
Rating: 4.63 (407 reviews)

Category:

Oil Gas and Minerals - Amendments

State:

Multi-State

County:

Santa Clara

Control #:

US-OG-577

Format:

Instant download

Description

This is a form of an Amendment to Oil and Gas Lease to Amend the Pooling Provision.

Sample Letter for Response to Order on Exp...

View this form

Employee Evaluation Form for Sales Manager

View this form

Waiver and Release From Liability For Adul...

View this form

Employment of Executive Director by a Nonp...

View this form

Indemnification of Owner of Premises by Gu...

View this form

Guaranty of Collection of Promissory Note

View this form

Aknowledgment and Notice of Appearance

View this form

Job Offer Letter for Baker

View this form

OEM Arbitration Agreement

View this form

How to fill out Santa Clara California Amendment To Oil And Gas Lease To Amend Pooling Provision?

Preparing legal paperwork can be burdensome. In addition, if you decide to ask a legal professional to write a commercial contract, papers for ownership transfer, pre-marital agreement, divorce paperwork, or the Santa Clara Amendment to Oil and Gas Lease to Amend Pooling Provision, it may cost you a lot of money. So what is the most reasonable way to save time and money and draw up legitimate forms in total compliance with your state and local laws and regulations? US Legal Forms is an excellent solution, whether you're looking for templates for your individual or business needs.

US Legal Forms is biggest online collection of state-specific legal documents, providing users with the up-to-date and professionally checked forms for any use case gathered all in one place. Consequently, if you need the latest version of the Santa Clara Amendment to Oil and Gas Lease to Amend Pooling Provision, you can easily find it on our platform. Obtaining the papers takes a minimum of time. Those who already have an account should check their subscription to be valid, log in, and pick the sample with the Download button. If you haven't subscribed yet, here's how you can get the Santa Clara Amendment to Oil and Gas Lease to Amend Pooling Provision:

Glance through the page and verify there is a sample for your region.
Examine the form description and use the Preview option, if available, to ensure it's the template you need.
Don't worry if the form doesn't suit your requirements - look for the right one in the header.
Click Buy Now when you find the required sample and pick the best suitable subscription.
Log in or register for an account to pay for your subscription.
Make a transaction with a credit card or via PayPal.
Choose the file format for your Santa Clara Amendment to Oil and Gas Lease to Amend Pooling Provision and save it.

When finished, you can print it out and complete it on paper or import the samples to an online editor for a faster and more practical fill-out. US Legal Forms allows you to use all the paperwork ever acquired many times - you can find your templates in the My Forms tab in your profile. Try it out now!

Form Rating

4.63

Satisfied(407)

Form popularity

FAQ

In times of a low natural gas prices and reduced drilling, Lease Amendments, Modifications and Ratifications may become common. Gas companies may attempt to revive or restore a expired lease by presenting the royalty owner with a Lease Modification and Amendment.

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.

Pooling refers to joining together enough acreage to allow issuance of a drilling permit for a single well. Unitization refers to joining together large areas such as an entire reservoir or field to optimize operations, introduce efficiencies, and reduce costs. Both pooling and unitization can be voluntary or forced.

A pooling clause expands the granting clause by giving a lessee the authority to determine whether to pool. This authority, however, is not unfettered. Many disputes have arisen through the years as to whether a lessee has properly exercised his discretion and authority under a pooling clause.

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.

An oil or gas lease is a legal document where a landowner grants an individual or company the right to extract oil or gas from beneath the landowner's property. Courts generally find leases to be legally binding, so it is very important that you understand all the terms of a lease before you sign it.

(a) (1) Any lease of oil or natural gas rights or any other conveyance of any kind separating such rights from the freehold estate of land shall expire at the end of ten (10) years from the date executed, unless, at the end of such ten (10) years, natural gas or oil is being produced from such land for commercial

Pooling is the combination of all or portions of multiple oil and gas leases to form a unit for the drilling of a single oil and/or gas well. The unit is generally one or a combination of government survey quarter-quarter sections.

More info

Property could also change its status. Planning Area ranged from north of the Santa Clara River to the.Plans were submitted to Pinal County with a request for a Non-Major Comprehensive Plan Amendment to re-designate the approximately 16. ( successor El Paso Natural Gas Co. , acreage in San 11. Bakersfield is considered the trading center of the Southern San Joaquin Valley.

“ —California Fish and Game) 1,200 ft. from the river, the city's first landfill was constructed. The city expanded its borders south to Mission Bay, a town near where a “Cave of San Francisco” has been excavated and a private hospital is now located. In 1846, the California Constitution was ratified. Under the Articles of Confederation, the state lacked the powers to form a national government. By 1868 the Republic of San Diego was created. Its constitution specified that it was to be called a “Republic” because the state consisted of its individual cities and counties, “as is now established among us.” This constitution also specified that San Diego be divided into seven districts, which would have two members each for a total of 24 members. San Diego and Bakersfield were to be counties under the new constitution, though each had three members and one member was designated to be “a representative of the citizen and citizens of all San Francisco.

Disclaimer
The materials in this section are taken from public sources. We disclaim all representations or any warranties, express or implied, as to the accuracy, authenticity, reliability, accessibility, adequacy, or completeness of any data in this paragraph. Nevertheless, we make every effort to cite public sources deemed reliable and trustworthy.

Santa Clara California Amendment to Oil and Gas Lease to Amend Pooling Provision

Description

Related forms

Viewed forms

How to fill out Santa Clara California Amendment To Oil And Gas Lease To Amend Pooling Provision?

Show more info

Form Rating

Form popularity

FAQ

What is an amendment of oil and gas lease?

What is Pugh clause in oil and gas lease?

What is the difference between pooling and unitization?

What does a good faith pooling clause allow a lessee?

What is a pooling clause in oil and gas lease?

What is an oil and gas lease?

What is the maximum term for an oil and gas lease?

What does pooling mean in oil and gas?

More info

Trusted and secure by over 3 million people of the world’s leading companies