When you own land that might be oil-rich, you can use a Gas Lease to grant someone else the right to explore and extract oil and gas, and other minerals, from the property. Payment is generally made in royalty payments once the minerals are discovered. You can also use this document if you're interested in exploring gas production on someone else's land. Signing a Gas Lease puts all the terms in writing.
Make document: Gas Lease
Available from: RocketLawyer.com
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