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

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• County: Santa Clara
• 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. Santa Clara California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) The Santa Clara California Amendment to Oil, Gas and Mineral Lease aims to introduce provisions allowing for gas storage within the region. This amendment is significant as it addresses the growing need for efficient gas storage solutions within Santa Clara County, California. Gas storage facilitates reliable and continuous gas supply, which is crucial for various industries, residences, and businesses in the area. By implementing this amendment, Santa Clara County aims to enhance energy security, ensure a stable gas supply, and promote economic growth. The Santa Clara California Amendment to Oil, Gas and Mineral Lease encompasses various subtypes, each tailored to address specific aspects of gas storage. These subtypes include: 1. Underground Gas Storage Lease Amendment: — This subtype specifically focuses on amending existing leases related to underground gas storage facilities. It outlines the rights, obligations, and responsibilities of both the lessor (landowner) and the lessee (the entity responsible for storing gas). The amendment ensures compliance with safety regulations, environmental standards, and operational requirements for underground gas storage facilities. 2. Facility Expansion Lease Amendment: — Facility expansion amendments deal with the extension or expansion of existing gas storage facilities within Santa Clara County. These amendments mostly involve modifying existing lease agreements to accommodate additional storage capacity, infrastructure upgrades, and improved operational capabilities. The amendment may also include provisions addressing land use rights, environmental impact assessments, and mitigation measures. 3. New Gas Storage Lease Amendment: — This particular subtype caters to establishing entirely new gas storage facilities within Santa Clara County. It outlines the terms and conditions under which a new lease can be granted, including the procurement of suitable land, facility construction, operational guidelines, and financial obligations. The amendment aims to encourage investments in new gas storage infrastructure to meet the increasing demand for gas and ensure a reliable energy supply for the future. The Santa Clara California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) reflects the county's commitment to sustainable and responsible development of its energy resources. By enabling gas storage, this amendment plays a vital role in maximizing the benefits of gas extraction while minimizing environmental impacts. It ensures the efficient storage, distribution, and utilization of natural gas to meet the energy needs of Santa Clara County's residents, businesses, and industries.

Santa Clara California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) The Santa Clara California Amendment to Oil, Gas and Mineral Lease aims to introduce provisions allowing for gas storage within the region. This amendment is significant as it addresses the growing need for efficient gas storage solutions within Santa Clara County, California. Gas storage facilitates reliable and continuous gas supply, which is crucial for various industries, residences, and businesses in the area. By implementing this amendment, Santa Clara County aims to enhance energy security, ensure a stable gas supply, and promote economic growth. The Santa Clara California Amendment to Oil, Gas and Mineral Lease encompasses various subtypes, each tailored to address specific aspects of gas storage. These subtypes include: 1. Underground Gas Storage Lease Amendment: — This subtype specifically focuses on amending existing leases related to underground gas storage facilities. It outlines the rights, obligations, and responsibilities of both the lessor (landowner) and the lessee (the entity responsible for storing gas). The amendment ensures compliance with safety regulations, environmental standards, and operational requirements for underground gas storage facilities. 2. Facility Expansion Lease Amendment: — Facility expansion amendments deal with the extension or expansion of existing gas storage facilities within Santa Clara County. These amendments mostly involve modifying existing lease agreements to accommodate additional storage capacity, infrastructure upgrades, and improved operational capabilities. The amendment may also include provisions addressing land use rights, environmental impact assessments, and mitigation measures. 3. New Gas Storage Lease Amendment: — This particular subtype caters to establishing entirely new gas storage facilities within Santa Clara County. It outlines the terms and conditions under which a new lease can be granted, including the procurement of suitable land, facility construction, operational guidelines, and financial obligations. The amendment aims to encourage investments in new gas storage infrastructure to meet the increasing demand for gas and ensure a reliable energy supply for the future. The Santa Clara California Amendment to Oil, Gas and Mineral Lease (to Provide for Gas Storage) reflects the county's commitment to sustainable and responsible development of its energy resources. By enabling gas storage, this amendment plays a vital role in maximizing the benefits of gas extraction while minimizing environmental impacts. It ensures the efficient storage, distribution, and utilization of natural gas to meet the energy needs of Santa Clara County's residents, businesses, and industries.