Leasing oil and natural gas resources
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Leasing oil and natural gas resources outer continental shelf.

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Published by U.S Dept. of the Interior, Minerals Management Service in [Washington, D.C.] .
Written in English


  • Offshore oil and gas leases -- United States,
  • Continental shelf -- Economic aspects -- United States

Book details:

Edition Notes

Also available online (requires Adobe Acrobat reader for viewing).

Other titlesOuter continental shelf
ContributionsUnited States. Minerals Management Service.
LC ClassificationsHD242.5 .L43 2005
The Physical Object
Paginationiii, 57 p. :
Number of Pages57
ID Numbers
Open LibraryOL16257849M
LC Control Number2006475098

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Oil and gas leasing handbook supplement Alaska statutes and regulations. This edition published in by State of Alaska, Dept. of Natural Resources, Division of Minerals and Energy Management :   Since the COVID pandemic began in early , the Bureau of Land Management has held 13 lease sales for drillers looking to lock up cheap oil and gas . Get this from a library! OCS oil and gas leasing program: hearings before the Subcommittee on Energy Resources and Materials Production of the Committee on Energy and Natural Resources, United States Senate, Ninety-sixth Congress, second session, on the proposed 5-year OCS oil and gas leasing program, March 18 [United States. Provisions of the oil and gas lease may be added to or changed through the use of an addendum. When offered an oil and gas lease, the landowner should consult an attorney, who is experienced in oil and gas law, so that the lease can be reviewed in detail, its effect explained, and legal counsel provided as to how the landowner may be protected.

The ONGARD helps the state maximize revenues owed from oil and natural gas production. It includes an inventory of state trust land, lease descriptions, well locations, exploration information, royalty, and other trust revenue figures, as well as distribution and collection data. Leasing. Oil and gas resources on the public lands are developed in a manner that considers other values and uses of the land and in an environmentally sound manner. The environmental review process for developing oil and gas resources is multi-faceted and includes input and coordination with other Federal and state agencies, as well as the public. Several conditions must be met for oil or natural gas to be economical. There must be a source rock wherein petroleum is formed as a result of organic material that is buried and then subjected to heat and pressure. There must also be an overlying reservoir in which sufficient quantities of oil or gas is collected. The reservoir must be permeable and porous, allowing oil and. The U.S. Geological Survey Energy Resources Program assesses the potential for undiscovered oil and gas resources in priority geologic provinces in the United States and around the world. Two methodologies are used by the USGS; one for assessing conventional oil and gas resources and one for assessing unconventional (continuous) oil and gas.

Negotiating Oil and Leases: A Book For Land Owners Chapter 1: Introduction and Definitions, Definitions in Oil and Gas Law, Oil and Gas Lease, Mineral Interest, Mineral Interest Implied Easement, Mineral Interest Incidents, Surface Interest, Sovereignty, Severability, Leasehold Interest, Royalty Interest, Overriding Royalty Interest (ORRI), Enforceability of a Contract, Key Definitions of Reviews: 8. Oil & Gas. Oil & Gas; 01 What is an oil and gas lease? 02 Does a company have to have a lease to drill a well? 04 What is the role of the Division of Oil and Gas Resources Management in leasing of minerals? 03 What should a landowner keep in mind when leasing? 05 Is there a lease on my property? The MMS is committed to an orderly and timely development of the Nation’s resources, protection of the environment, and receipt of fair market value for its resources. With this commitment in mind, this publication hopes to help clarify and to promote understanding of the OCS Oil and Gas Leasing . OIL AND GAS LEASE NO. MICHIGAN DEPARTMENT OF NATURAL RESOURCES E By authority of Part 5, Section , Public Acts as amended. Containing net acres, more or less PR (Rev. 04/03/) 1 D E P A R T M N T O F NATUR A L R E S O U R C E S MICHIGA N DNR This Lease, made and entered into this of in the year.