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The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010 and owned by TC Energy and, as of March 2020, the Government of Alberta. [8][9][10][11] It runs from the Western Canadian Sedimentary Basin in Alberta to refineries in Illinois and Texas, and also to oil tank farms and an oil pipeline distribution center in Cushing, Oklahoma. [12][13 ...
The foundational legal document of the U.S. oil and gas industry is the oil and gas lease. [6] Oil and gas producing companies do not always own the land they drill on. Often, the company (the lessee) leases the mineral rights from the owner (the lessor).
The history of the petroleum industry in the United States goes back to the early 19th century, although the indigenous peoples, like many ancient societies, have used petroleum seeps since prehistoric times; where found, these seeps signaled the growth of the industry from the earliest discoveries to the more recent.
An oil shale development program was initiated in 2003. [ 60] The Energy Policy Act of 2005 directed the Department of Energy and the Department of the Interior to begin a program of leasing federal land for commercial oil shale production.
999-year lease – Quasi-permanent leasehold Ground rent – Rent for the ground where a tenant can do property development Lend-lease – WWII program to provide U.S. allies with free armaments Pages displaying short descriptions of redirect targets Rule against perpetuities – Legal rule prohibiting very long temporary interests in property ...
Texas Panhandle set to gain 75-bed mental health facility with land lease agreement. State officials gathered Tuesday to celebrate a significant milestone in the development of mental health care ...
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