Common use of OIL AND GAS/COAL RESOURCES Clause in Contracts

OIL AND GAS/COAL RESOURCES. The BLM realizes that coal mining operations conducted on Federal coal leases issued within producing oil and gas fields may interfere with the economic recovery of oil and gas; just as Federal oil and gas leases issued in a Federal coal lease area may inhibit coal recovery. BLM retains the authority to alter and/or modify the resource recovery and protection plans for coal operations and/or oil and gas operations on those lands covered by Federal mineral leases so as to obtain maximum resource recovery.

Appears in 12 contracts

Samples: Modified Coal Lease (Cloud Peak Energy Inc.), Coal Lease (Peabody Energy Corp), Modified Coal Lease (Peabody Energy Corp)

AutoNDA by SimpleDocs

OIL AND GAS/COAL RESOURCES. The BLM realizes that coal mining operations conducted on Federal coal leases issued within producing oil and gas fields may interfere with the economic recovery of oil and gas; just as Federal oil and gas leases issued in a Federal coal lease area may inhibit coal recovery. BLM retains the authority to alter and/or modify the resource recovery and protection plans for coal operations and/or oil and gas operations on those lands covered by Federal mineral leases so as to obtain maximum resource recoveryrecover).

Appears in 2 contracts

Samples: Transfer by Assignment and Assumption of Federal Lease (Peabody Energy Corp), Coal Lease (Peabody Energy Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!