This form is an amendment to oil, gas and mineral lease to provide for gas storage.
The Collin Texas Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) is a legal document that outlines the terms and conditions for the development and utilization of gas storage facilities within the Collin County area of Texas. This amendment holds significance for individuals and corporations involved in the oil, gas, and mineral industries, as well as the broader community that may be impacted by such operations. Keywords: Collin Texas, amendment, oil, gas, mineral lease, gas storage, terms and conditions, development, utilization, Collin County, Texas. Types of Collin Texas Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage): 1. Exploration and Development Lease Amendment: This type of amendment allows for the exploration and development of gas storage facilities by authorized parties in Collin County, Texas. It includes provisions related to the establishment, operation, and maintenance of such facilities, as well as requirements for safety and environmental compliance. 2. Production and Extraction Lease Amendment: This amendment focuses on the extraction and production of stored gas from the facilities within Collin County, Texas. It outlines the rights, responsibilities, and obligations of parties involved in the process, including production rates, storage capacities, and royalty payments. 3. Lease Extension Amendment: This type of amendment allows for the extension of the original lease agreement to include gas storage provisions. It extends the lease term, ensuring the continuity and long-term viability of gas storage operations in Collin County, Texas. 4. Regulatory Compliance Amendment: This amendment focuses on ensuring compliance with regulatory guidelines and requirements set forth by local, state, and federal authorities. It addresses issues such as permitting, documentation, reporting, and monitoring to maintain safety, environmental standards, and legal compliance within Collin County, Texas. 5. Surface Rights and Access Amendment: This amendment pertains to the rights and access provisions related to the surface area above the gas storage facilities. It addresses matters such as landowner agreements, easements, road access, and compensation, ensuring the smooth implementation and operation of gas storage projects in Collin County, Texas. These types of amendments form a crucial part of the legal framework governing the establishment and operation of gas storage facilities in Collin County, Texas, protecting the interests of all parties involved while ensuring responsible and sustainable resource development.
The Collin Texas Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) is a legal document that outlines the terms and conditions for the development and utilization of gas storage facilities within the Collin County area of Texas. This amendment holds significance for individuals and corporations involved in the oil, gas, and mineral industries, as well as the broader community that may be impacted by such operations. Keywords: Collin Texas, amendment, oil, gas, mineral lease, gas storage, terms and conditions, development, utilization, Collin County, Texas. Types of Collin Texas Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage): 1. Exploration and Development Lease Amendment: This type of amendment allows for the exploration and development of gas storage facilities by authorized parties in Collin County, Texas. It includes provisions related to the establishment, operation, and maintenance of such facilities, as well as requirements for safety and environmental compliance. 2. Production and Extraction Lease Amendment: This amendment focuses on the extraction and production of stored gas from the facilities within Collin County, Texas. It outlines the rights, responsibilities, and obligations of parties involved in the process, including production rates, storage capacities, and royalty payments. 3. Lease Extension Amendment: This type of amendment allows for the extension of the original lease agreement to include gas storage provisions. It extends the lease term, ensuring the continuity and long-term viability of gas storage operations in Collin County, Texas. 4. Regulatory Compliance Amendment: This amendment focuses on ensuring compliance with regulatory guidelines and requirements set forth by local, state, and federal authorities. It addresses issues such as permitting, documentation, reporting, and monitoring to maintain safety, environmental standards, and legal compliance within Collin County, Texas. 5. Surface Rights and Access Amendment: This amendment pertains to the rights and access provisions related to the surface area above the gas storage facilities. It addresses matters such as landowner agreements, easements, road access, and compensation, ensuring the smooth implementation and operation of gas storage projects in Collin County, Texas. These types of amendments form a crucial part of the legal framework governing the establishment and operation of gas storage facilities in Collin County, Texas, protecting the interests of all parties involved while ensuring responsible and sustainable resource development.