Get the up-to-date Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease 2024 now

Get Form
Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease Preview on Page 1

Here's how it works

01. Edit your form online
01. Edit your form online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
03. Share your form with others
Send it via email, link, or fax. You can also download it, export it or print it out.

The easiest way to edit Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease in PDF format online

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2

Working on documents with our extensive and intuitive PDF editor is simple. Adhere to the instructions below to fill out Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease online easily and quickly:

  1. Sign in to your account. Sign up with your credentials or create a free account to try the product before choosing the subscription.
  2. Upload a form. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
  3. Edit Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease. Easily add and underline text, insert pictures, checkmarks, and symbols, drop new fillable fields, and rearrange or remove pages from your paperwork.
  4. Get the Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease completed. Download your updated document, export it to the cloud, print it from the editor, or share it with others via a Shareable link or as an email attachment.

Benefit from DocHub, the most straightforward editor to promptly handle your documentation online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us
A mineral lease is a contractual agreement between the owner of a mineral estate (known as the lessor), and another party such as an oil and gas company (the lessee). The lease gives an oil or gas company the right to explore for and develop the oil and gas deposits in the area described in the lease.
The Mineral Leasing Act gave states a 37.5 percent royalty of the receipts of any coal mine or oil and gas well developed on federal land within its borders. Five decades later,that share would expand to a full 50 percent, a figure that would hold until 2007, when the federal government reduced the share to 48 percent.
(a) The primary term of an oil and gas lease will be five years, unless BOEM determines that: (1) The lease is located in unusually deep water or involves other unusually adverse conditions; and, (2) A lease term longer than five years is necessary to explore and develop the lease.
The Mineral Leasing Act of 1920, as amended, and the Mineral Leasing Act for Acquired Lands of 1947, as amended, give the Bureau of Land Management (BLM) responsibility for oil and gas leasing on about 564 million acres of BLM, national forest, and other Federal lands, as well as State and private surface lands where
The Mineral Leasing Act of 1920 30 U.S.C. 181 et seq. is a United States federal law that authorizes and governs leasing of public lands for developing deposits of coal, petroleum, natural gas and other hydrocarbons, in addition to phosphates, sodium, sulfur, and potassium in the United States.
be ready to get more

Complete this form in 5 minutes or less

Get form

People also ask

The primary term of a federal oil and gas lease is 10 years. The term is extended as long as the lease has at least one well capable of production.
How long does oil and gas lease last? There are two terms in a gas and oil lease: known as the primary term and the secondary term. Normally, the primary term is for a specific amount of time which lasts between the period of 1, 3, 5, 7 or 10 years.
The Bureau of Land Management (BLM) has the authority to manage federal lands, including leasing certain lands for oil and gas development. This responsibility was granted by the Federal Land Policy and Management Act of 1976 and the Mineral Leasing Act of 1920.
Companies who acquire oil and gas mineral rights will typically purchase the mineral interests from the mineral owner for a negotiated amount expressed in dollars per net royalty acre.
Mineral rights are ownership rights that allow the owner the right to exploit minerals from underneath a property. The rights refer to solid and liquid minerals, such as gold and oil. Mineral rights can be separate from surface rights and are not always possessed by the property owner.

Related links