Enrollment of Property with Stratified Mineral Interests Sample Clauses

Enrollment of Property with Stratified Mineral Interests. ‌ Participants may enroll properties where mineral interests are severed from the surface estate. Under Texas law, the owner of the mineral estate is legally privileged to make such use of the surface as is reasonable and necessary to develop underlying minerals. A Participant with a right of access to develop a mineral lease agrees to be responsible only for New Surface Disturbance in conjunction with that access and for implementing the Conservation Measures and Actions in its CI. If the mineral rights on a Property are stratified, Participants that share access to the same surface may agree to divide the Enrollment Fees. Where the access to a surface estate is shared by a Participant and a non-participant with mineral rights in a different strata underlying the same tract, (i.e., stratification), and the Administrator determines, after consulting with the Adaptive Management Committee, that the impacts on the surface from stratified leasing override the benefits of enrollment of the Property, the Administrator will work with the Participant, and the stratified lessee to develop approaches to avoid, minimize or mitigate impacts to the DSL or its habitat from development by the stratified lessee.
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Enrollment of Property with Stratified Mineral Interests. Participants may enroll properties where mineral interests are severed from the surface estate. Under Texas law, the owner of the mineral estate is legally privileged to make such use of the surface as is reasonable and necessary to develop underlying minerals. A Participant with a right of access to develop a mineral lease agrees to be responsible only for New Surface Disturbance in conjunction with that access and for implementing the Conservation Measures and Actions in its CI. Where the mineral rights differ for a Property, each Participant is responsible for the full amount of the Enrollment Fees for properties with a right of access to develop..
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Related to Enrollment of Property with Stratified Mineral Interests

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