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A surface use agreement (SUA) is a contract between a property owner and a mineral rights holder that dictates how the mineral rights are to be developed. [20] Meaning, when mineral rights are extracted by a company that does not own the property above where the minerals are located, the company has the legal right to extract those minerals ...
Major points in a lease include the description of the property, the term (duration), and the payments to the lessor. [6] Lessees of mineral rights have a right of reasonable access to leased land to explore, develop, and transport minerals, [7] unless the lease specifies otherwise (a "no-surface access" lease).
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.
The two sides will execute this lease and access agreement on May 1, 2025. ... Colorado Gov. Jared Polis and Union Pacific agreed to terms for a new 25-year lease of the Moffat and binding MOU in ...
A Landman or "Petroleum Landman"—in the United States and Canada—is an individual who performs various services for oil and gas exploration companies. [1] According to the website of the American Association of Professional Landmen (AAPL), these services include but are not limited to: negotiating for the acquisition or divestiture of mineral rights; negotiating business agreements that ...
Independent Energy Partners, Inc. (IEP) is an oil shale resources company based in Parker, Colorado, the United States. It is a developer of the Geothermic Fuels Cells Process, an in-situ shale oil extraction process. CEO of the company is Alan K. Forbes. [1]
Mineral Law Newsletter — Current developments in mineral law. Water Law Newsletter — Current developments in water law. Gower Federal Services — Decisions of the Interior Board of Land Appeals [7] and the Office of Natural Resources Revenue [8] relating to mining, oil and gas, outer continental shelf, and royalty issues.
Minerals Revenue Management (MRM) – Through the MRM program, the agency collected, accounted for, and disbursed mineral revenues from federal and American Indian leases. The agency's offshore renewable energy program included development of renewable energy, such as wind, wave, and solar. [13]
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