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If you are considering an oil and gas lease on a farm already covered by a conservation or agricultural easement (or are applying or considering an easement) you must read the easement language to assure compliance with its expectations. No two easements are written the same. Primary points of interest to consider are:
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Resources: ODNR Division of Oil and Gas Resources Management ODNR Division of Oil and Gas Resources Management - Shale Development
Leasing Farmland for Oil and Gas Production - OSU Extension ODNR, Division of Oil & Gas Resources Management PowerPoint Presentation Part 1, Part 2 Click here for pipeline specifications from ODNR that are a good point of reference of issues to be reviewed if your property lies in the path of a proposed pipeline Some interstate projects will have AIMA's prepared in advance, but short segments in state will likely be negotiated individually for producer lines, distribution and transmission lines. |
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