Agriculture & Land
Mineral / Oil / Gas Rights Lease
Lease agreement for mineral, oil, and gas rights with royalty terms, surface use, and environmental provisions. Two signers (landowner and lessee).
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# Mineral / Oil / Gas Rights Lease **Effective Date:** ___________ This Mineral / Oil / Gas Rights Lease ("Lease") is entered into by and between: **Landowner/Lessor:** ___________ ("Landowner") **Lessee/Operator:** ___________ ("Lessee") ## 1. Leased Premises **Property Description:** ___________ **County:** ___________ **State:** ___________ **Approximate Acreage:** ___________ acres **Legal Description / Parcel Number:** ___________ ## 2. Minerals Covered This Lease grants the Lessee the exclusive right to explore, drill, mine, extract, and produce the following substances from the Leased Premises: ___________ **Specific Minerals (if applicable):** ___________ ## 3. Lease Term **Primary Term:** ___________ **Extension:** This Lease shall continue beyond the Primary Term for as long as ___________. ## 4. Bonus Payment The Lessee shall pay the Landowner a one-time bonus payment of $___________ per acre, totaling $___________, due upon execution of this Lease.
Fields (30)
effective date
date · required
landowner name
text · required
lessee name
text · required
property description
textarea · required
county
text · required
property state
text · required
acreage
text · required
legal description
textarea · required
minerals covered
select · required
specific minerals
textarea
primary term
select · required
extension condition
select · required
bonus payment
text · required
total bonus
text · required
delay rental
text · required
royalty rate
select · required
royalty schedule
select · required
minimum royalty
text
minimum royalty period
select · required
surface damage
select · required
setback distance
select · required
notice period
select · required
water well radius
select · required
cgl insurance
select · required
pollution insurance
select · required
removal period
select · required
assignment
select · required
governing state
select · required
landowner signer name
text · required
lessee signer name
text · required
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