This form is used when the Lessor desires to sell, subdivide, or partition all or a part of the lands covered by the Lease (the Lands ), and has requested a partial waiver of surface use of certain portions of the Lands subject to the Lease, and a waiver is agreeable to Lessee. This Agreement relates solely to the surface use and does not in any other way affect or diminish the Lessee's rights, interests and estate under the Lease.
Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee is a legal document that is commonly utilized in the oil and gas industry. This agreement is designed to grant the lessee the right to explore and extract oil and gas resources from a specific tract of land while limiting or waiving their use of surface facilities and activities. The Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee is comprehensive and entails various clauses and provisions that ensure the fair and responsible usage of the land by the lessee. The primary purpose is to minimize any potential disturbance to the surface property owners, agricultural operations, and other preexisting land uses. Some key elements covered in the Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee include: 1. Scope and Duration: This section establishes the terms and limitations of the agreement, such as the specific area encompassed by the agreement and the duration of the lease. 2. Surface Use Restrictions: This clause outlines the surface activities that the lessee agrees to waive or limit, which could include restrictions on drilling, road construction, storage facilities, and other surface disturbances. 3. Compensation: The agreement often addresses the compensation or waivers offered to the surface property owners affected by the oil and gas operations. This may include monetary compensation, alternative land use agreements, or other mutually agreed-upon arrangements. 4. Environmental and Safety Considerations: The agreement also highlights the lessee's obligations to comply with environmental regulations, safety standards, and restoration requirements. It aims to protect the surface property from any potential damages and counterpart the risks associated with oil and gas exploration. Variations of the Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee may exist with specifications tailored to different regions or circumstances. For instance, some agreements may have additional provisions related to water usage, wildlife protection, or community engagement. These variations ensure that the unique needs and concerns of different stakeholders are adequately addressed. In summary, the Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee is a legally binding document that sets forth the terms and conditions for oil and gas exploration while minimizing surface disturbances. Through this agreement, the parties involved seek to strike a balance between energy development and environmental conservation, ensuring responsible practices in the oil and gas industry.Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee is a legal document that is commonly utilized in the oil and gas industry. This agreement is designed to grant the lessee the right to explore and extract oil and gas resources from a specific tract of land while limiting or waiving their use of surface facilities and activities. The Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee is comprehensive and entails various clauses and provisions that ensure the fair and responsible usage of the land by the lessee. The primary purpose is to minimize any potential disturbance to the surface property owners, agricultural operations, and other preexisting land uses. Some key elements covered in the Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee include: 1. Scope and Duration: This section establishes the terms and limitations of the agreement, such as the specific area encompassed by the agreement and the duration of the lease. 2. Surface Use Restrictions: This clause outlines the surface activities that the lessee agrees to waive or limit, which could include restrictions on drilling, road construction, storage facilities, and other surface disturbances. 3. Compensation: The agreement often addresses the compensation or waivers offered to the surface property owners affected by the oil and gas operations. This may include monetary compensation, alternative land use agreements, or other mutually agreed-upon arrangements. 4. Environmental and Safety Considerations: The agreement also highlights the lessee's obligations to comply with environmental regulations, safety standards, and restoration requirements. It aims to protect the surface property from any potential damages and counterpart the risks associated with oil and gas exploration. Variations of the Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee may exist with specifications tailored to different regions or circumstances. For instance, some agreements may have additional provisions related to water usage, wildlife protection, or community engagement. These variations ensure that the unique needs and concerns of different stakeholders are adequately addressed. In summary, the Travis Texas Agreement Waiving Surface Use by Oil and Gas Lessee is a legally binding document that sets forth the terms and conditions for oil and gas exploration while minimizing surface disturbances. Through this agreement, the parties involved seek to strike a balance between energy development and environmental conservation, ensuring responsible practices in the oil and gas industry.
