AAPL FORM 671 OIL AND GAS LEASE - American Association of - landman 2025

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The document is an Oil and Gas Lease Agreement for a tract of land in Oklahoma, outlining the terms under which the Lessor grants the Lessee rights to explore, produce, and manage oil and gas resources. It specifies payment terms, including a one-eighth royalty on production, conditions for lease duration, obligations of both parties, and provisions for pooling lands. The lease is classified as 'paid-up,' meaning no further rental payments are required during the primary term.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the date at the top of the form, ensuring accuracy for legal purposes.
In the Lessor and Lessee sections, enter the full names and addresses of both parties involved in the lease agreement.
Specify the consideration amount in dollars that is being paid for the lease, as well as any additional terms agreed upon.
Fill out the description of the land being leased, including county and state details, along with acreage information.
Indicate the primary term duration of the lease and any conditions regarding production or drilling operations.
Complete sections related to royalties, detailing how payments will be made based on oil and gas production.
Review all entries for accuracy before signing. Utilize our platform’s features to add signatures where required.

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What does AAPL stand for landman?

The American Association of Professional Landmen (AAPL), previously called the American Association of Petroleum Landmen, is a professional organization in the United States that unites approximately 12,000 landmen and land-related persons in North America through professional development and service.