Fairfax Virginia Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage)

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• County: Fairfax
• Control #: US-OG-930
• Format: Word; Rich Text

Description

This form is an amendment to oil, gas and mineral lease to provide for gas storage. The Fairfax Virginia Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) is a legal provision implemented in Fairfax County, Virginia, with the aim of incorporating regulations governing the establishment and management of gas storage facilities within the jurisdiction. This amendment serves to define the terms and conditions for leasing and leasing-related activities concerning oil, gas, and mineral reserves, primarily focusing on the inclusion of provisions associated with gas storage. Gas storage plays a crucial role in the energy sector, providing a means to maintain a stable supply and demand balance in the natural gas market. Understanding the importance of this aspect, Fairfax County has introduced the Fairfax Virginia Amendment to Oil, Gas and Mineral Lease to ensure effective management and utilization of gas storage facilities. This amendment puts forth various guidelines and criteria for potential lessees interested in establishing and operating gas storage infrastructure. It outlines the requirements and procedures for obtaining the necessary permits and licenses, ensuring compliance with environmental regulations and safety protocols. The amendment aims to minimize potential risks associated with gas storage and ensure the protection of both public safety and the environment. The Fairfax Virginia Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) accounts for different types of gas storage facilities, which include underground storage tanks (Uses), depleted oil and gas reservoirs, and aquifer storage and recovery (ASR) systems. These various storage methods offer flexibility in meeting the region's energy demands, allowing for stable, continuous supply during peak usage periods or emergencies. The amendment addresses key aspects such as facility design specifications, operational procedures, and ongoing monitoring requirements for gas storage facilities. It emphasizes the need for regular inspections, maintenance, and testing of the facilities to ensure their integrity and prevent any potential leaks or accidents. Moreover, the Fairfax Virginia Amendment encourages cooperation between gas storage operators and relevant agencies to develop emergency response plans, contingency measures, and public communication strategies to ensure preparedness in the event of any unforeseen incidents. By incorporating such provisions, the amendment aims to maximize safety, protect public health, and minimize any adverse impacts on the environment. Overall, the Fairfax Virginia Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) establishes a comprehensive framework for the effective planning, development, and operation of gas storage facilities in Fairfax County. Its implementation ensures the proper management and utilization of gas storage infrastructure while safeguarding the interests of the community and the environment at large.

The Fairfax Virginia Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) is a legal provision implemented in Fairfax County, Virginia, with the aim of incorporating regulations governing the establishment and management of gas storage facilities within the jurisdiction. This amendment serves to define the terms and conditions for leasing and leasing-related activities concerning oil, gas, and mineral reserves, primarily focusing on the inclusion of provisions associated with gas storage. Gas storage plays a crucial role in the energy sector, providing a means to maintain a stable supply and demand balance in the natural gas market. Understanding the importance of this aspect, Fairfax County has introduced the Fairfax Virginia Amendment to Oil, Gas and Mineral Lease to ensure effective management and utilization of gas storage facilities. This amendment puts forth various guidelines and criteria for potential lessees interested in establishing and operating gas storage infrastructure. It outlines the requirements and procedures for obtaining the necessary permits and licenses, ensuring compliance with environmental regulations and safety protocols. The amendment aims to minimize potential risks associated with gas storage and ensure the protection of both public safety and the environment. The Fairfax Virginia Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) accounts for different types of gas storage facilities, which include underground storage tanks (Uses), depleted oil and gas reservoirs, and aquifer storage and recovery (ASR) systems. These various storage methods offer flexibility in meeting the region's energy demands, allowing for stable, continuous supply during peak usage periods or emergencies. The amendment addresses key aspects such as facility design specifications, operational procedures, and ongoing monitoring requirements for gas storage facilities. It emphasizes the need for regular inspections, maintenance, and testing of the facilities to ensure their integrity and prevent any potential leaks or accidents. Moreover, the Fairfax Virginia Amendment encourages cooperation between gas storage operators and relevant agencies to develop emergency response plans, contingency measures, and public communication strategies to ensure preparedness in the event of any unforeseen incidents. By incorporating such provisions, the amendment aims to maximize safety, protect public health, and minimize any adverse impacts on the environment. Overall, the Fairfax Virginia Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) establishes a comprehensive framework for the effective planning, development, and operation of gas storage facilities in Fairfax County. Its implementation ensures the proper management and utilization of gas storage infrastructure while safeguarding the interests of the community and the environment at large.