Sacramento California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage)

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• County: Sacramento
• 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 Sacramento California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) is a legal modification made to existing agreements regarding the extraction and use of oil, gas, and minerals in the Sacramento area. This particular amendment specifically focuses on the provision of gas storage facilities within the lease agreements. Gas storage is a crucial aspect of oil and gas operations as it allows for the safe and efficient storage of natural gas during periods of low demand, which can later be supplied to meet peak demand, ensuring a stable and reliable supply to consumers. With this amendment, the leaseholders in Sacramento, California, are given the opportunity to develop and maintain underground storage facilities specifically designed for gas storage purposes. The Sacramento California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) recognizes the importance of gas storage facilities in optimizing the utilization of natural gas resources, ultimately benefiting both the leaseholders and the larger community. This amendment provides a legal framework for leaseholders to apply for permits, construct, operate, and maintain gas storage facilities in accordance with safety and environmental regulations. The types of Sacramento California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) can vary based on specific requirements and conditions. For instance, there may be separate amendments for different land parcels or lease areas within the Sacramento region. These amendments may outline varying terms related to storage capacity, operational procedures, safety protocols, monitoring requirements, and environmental considerations. Keywords: Sacramento California, amendment, oil, gas, mineral lease, gas storage, extraction, facilities, underground, permits, construction, operation, maintenance, safety, environmental regulations, storage capacity, operational procedures, monitoring, environmental considerations.

The Sacramento California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) is a legal modification made to existing agreements regarding the extraction and use of oil, gas, and minerals in the Sacramento area. This particular amendment specifically focuses on the provision of gas storage facilities within the lease agreements. Gas storage is a crucial aspect of oil and gas operations as it allows for the safe and efficient storage of natural gas during periods of low demand, which can later be supplied to meet peak demand, ensuring a stable and reliable supply to consumers. With this amendment, the leaseholders in Sacramento, California, are given the opportunity to develop and maintain underground storage facilities specifically designed for gas storage purposes. The Sacramento California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) recognizes the importance of gas storage facilities in optimizing the utilization of natural gas resources, ultimately benefiting both the leaseholders and the larger community. This amendment provides a legal framework for leaseholders to apply for permits, construct, operate, and maintain gas storage facilities in accordance with safety and environmental regulations. The types of Sacramento California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) can vary based on specific requirements and conditions. For instance, there may be separate amendments for different land parcels or lease areas within the Sacramento region. These amendments may outline varying terms related to storage capacity, operational procedures, safety protocols, monitoring requirements, and environmental considerations. Keywords: Sacramento California, amendment, oil, gas, mineral lease, gas storage, extraction, facilities, underground, permits, construction, operation, maintenance, safety, environmental regulations, storage capacity, operational procedures, monitoring, environmental considerations.