Harris Texas Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease

• Category: Oil Gas and Minerals - Notices
• State: Multi-State
• County: Harris
• Control #: US-OG-648
• Format: Word; Rich Text

Description

This form is used as Notice of provisions for a lease. Harris Texas Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease is a legal document that outlines the specific arrangements made between the lessor and the lessee regarding gas storage in an oil and gas lease agreement located in Harris County, Texas. It is important to understand the specific terms and conditions provided within this notice and declaration to ensure compliance and smooth operations. The notice and declaration document highlights the parties involved, including the lessor (landowner) and the lessee (energy company), along with their contact information. It specifies the exact location of the leased property within Harris County, Texas, and defines the boundaries and dimensions of the designated storage area. Keywords: Harris Texas, Notice and Declaration, Gas Storage, Oil and Gas Lease, legal document, lessor, lessee, Harris County, Texas, leased property, storage area. Types of Harris Texas Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease may include: 1. Primary Gas Storage: This type of gas storage arrangement is the primary purpose of the lease agreement. It enables the lessee to store and maintain an adequate supply of natural gas within the designated storage area for future use and market demands. 2. Secondary Gas Storage: Secondary gas storage, also known as cushion gas storage, serves as a backup or supplementary storage option. It is utilized when the primary storage capacity reaches its maximum limit or during emergency situations to avoid excessive pressure buildup. 3. Seasonal Gas Storage: Seasonal gas storage accounts for fluctuations in natural gas demands throughout the year. It involves storing surplus natural gas during low-demand periods, such as spring and fall, for later utilization during peak-demand periods, like winter months. 4. Strategic Gas Storage: Strategic gas storage pertains to the storage of natural gas for national security purposes. It involves maintaining a sufficient reserve of gas within the designated storage area to address unforeseen disruptions in the gas supply chain, such as extreme weather events, natural disasters, or geopolitical tensions. Remember, the specific types of Harris Texas Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease can vary depending on the agreed terms between the lessor and lessee. It is crucial to carefully review and understand the document to ensure compliance with all legal obligations and to safeguard the rights and responsibilities of both parties involved.

Harris Texas Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease is a legal document that outlines the specific arrangements made between the lessor and the lessee regarding gas storage in an oil and gas lease agreement located in Harris County, Texas. It is important to understand the specific terms and conditions provided within this notice and declaration to ensure compliance and smooth operations. The notice and declaration document highlights the parties involved, including the lessor (landowner) and the lessee (energy company), along with their contact information. It specifies the exact location of the leased property within Harris County, Texas, and defines the boundaries and dimensions of the designated storage area. Keywords: Harris Texas, Notice and Declaration, Gas Storage, Oil and Gas Lease, legal document, lessor, lessee, Harris County, Texas, leased property, storage area. Types of Harris Texas Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease may include: 1. Primary Gas Storage: This type of gas storage arrangement is the primary purpose of the lease agreement. It enables the lessee to store and maintain an adequate supply of natural gas within the designated storage area for future use and market demands. 2. Secondary Gas Storage: Secondary gas storage, also known as cushion gas storage, serves as a backup or supplementary storage option. It is utilized when the primary storage capacity reaches its maximum limit or during emergency situations to avoid excessive pressure buildup. 3. Seasonal Gas Storage: Seasonal gas storage accounts for fluctuations in natural gas demands throughout the year. It involves storing surplus natural gas during low-demand periods, such as spring and fall, for later utilization during peak-demand periods, like winter months. 4. Strategic Gas Storage: Strategic gas storage pertains to the storage of natural gas for national security purposes. It involves maintaining a sufficient reserve of gas within the designated storage area to address unforeseen disruptions in the gas supply chain, such as extreme weather events, natural disasters, or geopolitical tensions. Remember, the specific types of Harris Texas Notice and Declaration of Gas Storage Provided For in Oil and Gas Lease can vary depending on the agreed terms between the lessor and lessee. It is crucial to carefully review and understand the document to ensure compliance with all legal obligations and to safeguard the rights and responsibilities of both parties involved.