HomeMy WebLinkAboutResolution - 3134 - Amendment To Lease Agreement-Texland Petroleum -Sec 5, Block A, TT RR Co Survey - 06/22/1989Resolution # 3134
June 22, 1989
Item #23
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RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and
directed to execute fqr and on behalf of the City of Lubbock an Amendment to
Oil, Gas and Mineral Lease between the City of Lubbock and Texland Petroleum,
Inc., attached herewith, which shall be spread upon the minutes of the
Council and as spread upon the minutes of this Council shall constitute and
be a part of this Resolution as if fully copied herein in detail.
Passed by the City Council this 22nd day of June , 1989.
C . eAe�
B.C. McFIINN, MAYOR
EST:
i Rangte Boyd, City Secr
APPROVED"AS TO CONTENT:
W. Robert Massengale,'Assistant
City Manager for Financial Services
APPROVED AS TO FORM:
G
. KOSS, Jr., Ulty Attorney
AND FOR the same consideration as above stated the City of Lubbock does
hereby ratify, confirm and declare the LEASE to be in full force and effect
as to all of Section 5, Block A, TT RR Co. Survey, Abstract 87, Lubbock
County, Texas; and does hereby lease, let and demise said lands unto the
record holders of the LEASE upon the terms and conditions set out therein
and as amended hereby.
IN WITNESS WHEREOF this Amendment and Stipulation Aggreement to Oil, Gas
and Mineral Lease is executed this 22nd day of June 1989.
ATTEST
STATE OF TEXAS §
COUNTY OF LUBBOCK §
THE CITY OF LUBBOCK
0 r,
Before Me, the undersigned authority, a NotarX Public in and for said
County, Texas, on this day personally appeared , e. ftI; ,
Mayor, known to me to be the person whose name is subscribed to the
foregoing instrument and acknowledged to me that he executed the same as
the act and deed of the City of Lubbock and as Mayor, for the purposes and
consideration therein expressed and in the c acity therein
�w
My Commission Expires NotaVy Public for the State Qf Texas
Print Name Olcaica, R Sri ice,
MY COMMISSION EXPIfzES
NOVEMBER 30, 1989
OLIVIA R. SOLIS
688.2
AMENDMENT TO OIL, GAS, AND MINERAL LEASE
CITY OF LUBBOCK - SECTION 5, BLOCK A
STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LUBBOCK §
THAT reference is hereby made to that certain Oil and Gas Lease dated
December 13, 1984, recorded in Volume 55, Page 685 of the Oil and Gas Lease
Records of Lubbock County, Texas, executed by the City of Lubbock, in favor
of Texland Petroleum, Inc., and covering the following described lands:
All of Section 5, Block A, TT RR Co. Survey, Abstract 87,
Lubbock County, Texas
said lease being herein referred to as the LEASE;
THAT Section 5(c) of the LEASE provides that after the expiration of
the primary term the LEASE shall continue in force in its entirety as long
as Lessee conducts continuous drilling operations on the leased premises
with no more than six months between wells.
THAT Texland Petroleum, Inc. (TEXLAND) as the lessee and part owner
of the LEASE has heretofore caused four oil wells to be drilled upon the
LEASE, and as a result the LEASE currently remains in full force and effect
as to all of said Section 5;
THAT TEXLAND has requested the City of Lubbock to amend Section 5(c) of
the LEASE to allow time saved by the early commencement of drilling opera-
tions on each additional well be applied to the subsequent drilling
period(s), thereby accumulating time saved by early commencement of
drilling operations on subsequent wells.
THAT the City of Lubbock desires to encourage TEXLAND and the other
lease owners to drill additional wells on the LEASE, and acknowledges the
benefits to be derived by the City of Lubbock from such additional
drilling.
NOW THEREFORE for and in consideration of the above stated premises,
Ten Dollars and other valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the City of Lubbock does hereby amend
Section 5(c) of the LEASE so as to add the following to the end of the
second paragraph of Section 5(c):
"Should Lessee commence operations for drilling an additional well
before the end of the drilling period for such well, then the time
remaining in said drilling period shall be applied to the subsequent
drilling period; moreover time saved by early commencement of opera-
tions for drilling of each additional well shall be accumulated so as
to extend the time within which subsequent wells may be drilled."
FURTHERMORE, the City of Lubbock does hereby stipulate and agree that
the four wells heretofore drilled by TEXLANU.on the LEASE have been timely
commenced, that TEXLAND has until April 30, 1989, to commence operations
for drilling a fifth well on the LEASE pursuant to the provisions of
Section 5(c) thereof, and that the Amendment herein provided shall be
effective and apply to all wells drilled on the LEASE subsequent to March
1, 1989.
688.1
c/
CITY OF LUBBOCK
MEMO
TO: Robert Massengale, Assistant City Manager
FROM: John C. Ross, Jr., City Attorney
SUBJECT: Amendment to Lease Agreement with Texland
Petroleum, Inc.
DATE: June 2, 1969
This is the request of Texland Petroleum, Inc., which I
spoke to you on the phone about today. I am enclosing a
letter addressed to myself along with a proposed amendment
to the oil and gas lease existing between the City and
Texland Petroleum, Inc.
I don't see any problem with this. All they are really
trying to do is expedite the drilling and bank the time
allowed for drilling operations.
I would appreciate it if you would review this and place it
on the City Council agenda for the next meeting of the City
Council.
I am also enclosing a resolution authorizing the Mayor to
sign this document.
C
�ohn C. Ross, Jr.
JCR:da
CHAS C CRENSHAW. SR (1888.1884)
GEO. W. DUPREE (1880.107
RK (IOm) HARTY (1811.1878)
J. ORVILLE SMITH (1812-1085)
JAS. H. MILAM
TOM S. MI AM
A. DOYLE JUSTICE
WILUAM R MOSS
JOE V. BOERNER, JR
CECIL C. KUHNE
JOE H. NAGY
BRAD CRAWFORD, JR.
O.V. SCOTT, JR, P.C.
JOHN CREWS, P.C.
WRUAM F. RUSSELL, P.C.
WILLIAM J. WADE
JACK MCCUTCHIN, JR, P.C.
Mr. John C. Ross
City Attorney.
City Hall
Lubbock, Texas
CRENSHAW, DUPREE & MH"
ATTORNEYS AT LAW
PHILIP W. JOHNSON, P.&
A PARTNERSHIP INCLUDING PROFESSIONAL CORPORATIONS
P.0
c BON
FIRST NATIONAL BUILDING
C.. DDENNIS0iER
DENNIS
D
LAYTON L WOODUL, SR
1500 BROADWAY
JAMES L GORSUCH. P.C.
LUBBOCK, TEXAS 79401
ROBERT L DUNCAN, P.C.
W. CHRIS BOYER P.C.
MICHAEL L BYRD
(806) 762-5281
ROBERT L JONES, P.C.
P.O. BOX 1499
MARK W. HARMON
79408-1499
JERRI LYNN HAMMER
J. T. KELLEY
TelecopieT (806) 762510
MARK O. BLANKENSHIP
OF COUNSEL:
MAX C. ADDISON
Jr.
79401
RE: City of Lubbock Lease, Section 5, Block A, Lubbock
County, Texas
Dear John:
As you and I discussed by phone, I am enclosing for your review and
consideration a proposed amendment to the Oil, Gas and Mineral
Lease dated December 13, 1984 between Texland Petroleum, Inc. and
the City of Lubbock covering all of Section 5, Block A, T.T.R.R.
Company Survey, Abstract 87, Lubbock County, Texas.
The proposed amendment would allow Texland to receive credit under
Section 5(c) of the lease, which is the continuous drilling
provision, for all wells drilled in advance of the time required
by that provision. It is important to stress that Texland is not
asking for additional time over and above that now allowed by the
lease, but simply asking that the lease be amended to allow us to
accumulate time when wells are drilled well in advance of the
required date. This will allow more flexibility in the drilling
program and will, of course, bring more wells on line earlier which
will enure to the benefit of the City. Please let me hear from you
regarding this matter as quickly as possible.
With kindest personal regards, we are
Yours very truly, /
CRENS ; EE l
W C Bratcher, P. C.
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