Common Contracts
1 similar Exclusive Geophysical Agreement Type Iii contracts
STATE MINERAL AND ENERGY BOARD EXCLUSIVE GEOPHYSICAL AGREEMENT TYPE III WITH EXCLUSIVITY RIGHTS RELATED TOExclusive Geophysical Agreement Type Iii • September 22nd, 2023
WHEREAS, under the provisions of Subpart A of Chapter 2 and Chapter 3, Title 30 of the Louisiana Revised Statutes of 1950, as amended, and other applicable law, the State Mineral and Energy Board of the State of Louisiana (Board), acting as the duly authorized agent of both the State of Louisiana (State) and the Louisiana Department of Wildlife & Fisheries and the Louisiana Wildlife & Fisheries Commission (DWF) (herein State and DWF are jointly Grantor or Lessor), has determined that it will enter into Exclusive Geophysical Agreements (EGA) on a public bid basis in order to have 3D or other more advanced forms of geological or geophysical surveys and operations (advanced seismic) conducted on lands and water bottoms owned by the State and DWF; obtain for itself, where applicable, as confidential material, the data resulting from said advanced seismic surveys; and administer, based on such data, the mineral leasing of State and DWF lands and water bottoms; and
