Oil and Gas Lease Forms

The attached forms were prepared by Milam Randolph Pharo and Gregory R. Danielson in conjunction with their paper, "The Perfect Oil and Gas Lease: Why Bother!," 50 Rocky Mt. Min. L. Inst. 19-1 (2004). The forms can be downloaded by left-clicking the link, selecting "Save," then choosing where on your hard drive you want to store the form.

The attached forms have been prepared only as guides, without any of the business considerations that are critical to drafting effective lease agreements, and they may not contain all of the necessary or appropriate provisions. Each provision should be carefully reviewed and adapted to the specific facts and circumstances surrounding the particular transaction and the relationship of the parties. Parties using these forms should consult with their legal, tax, and accounting advisors. Parties using these forms do so at their own risk, and neither Messrs. Pharo and Danielson nor the Rocky Mountain Mineral Law Foundation shall have any liability for losses or damages that may result from the use of these forms or any portion or variation thereof. These forms will not be updated.

Modified Lynch Form (Prod 88, Paid Up Oil and Gas Lease)

Lease Clauses for the Modified Lynch Form

Checklist for Reviewing Lease Forms

Alternative Form (Prod 88 (2004), Alt. Hab. Clause, Paid Up Oil and Gas Lease)