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HomeMy WebLinkAboutContract 59158CSC No. 59158 MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the 21 sl day of March , 2023, a Paid Up Oil and Gas Lease was made and entered into by and between the CITY OF FORT WORTH, a home rule municipal corporation of the State of Texas, 200 Texas Street, Fort Worth, Texas 76102, hereinafter called "(LESSOR)" and TOTALENERGIES E&P USA BARNETT 1, LLC, a Delaware limited liability company, 301 Commerce Street, Suite 3700, Fort Worth, Texas 76102, hereinafter called ("LESSEE'), where LESSOR hereby grants, leases and lets exclusively to LESSEE for the purpose of exploring for, developing, producing and marketing oil and gas, together with any liquid or gaseous substances produced in association therewith, from the following described land situated in Tarrant County, Texas, to -wit: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF Subject to the other provisions therein contained, said lease provides for a primary terra of two (2) years, from the date thereof, and as long thereafter as oil or gas or other substances covered therein are produced in paying quantities from the leased premises or from lands pooled therewith, or this lease is otherwise maintained in effect pursuant to the provisions therein. An Executed copy of said Oil and Gas Lease is in the possession of LESSEE at its address indicated above. Executed this -," day of 215t M arch 2023 LESSOR: CITY OF FORT WORTH Dana QLt-4doff Oana Bnrghdoff)Ma 1, 202316d6 CDT) Dana Burghdoff Assistant City Manager M&C L-14889 Form 1295 n/a ATTEST: p.044U��Il� �oo�°FORr >o o�yod P~o °mod Pvo o=A 16. ° *�a aaBZL nXXA`JooQd Jannette S. Goodall City Secretary APPROVED AS TO FORM AND LEGALITY: 9 ..,', ww. . Assistant City Attorney OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX NTC Tr 13 THE STATE OF TEXAS COUNTY OF TARRANT BEFORE ME, the undersigned, a Notary Public, on this day personally appeared Dana Burghdoff, Assistant City Manager of the City of Fort Worth, a home -rule municipal corporation of the State of Texas, known to me to be the person whose name is subscribed to the foregoing instrument and that she has executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 21st [SEAL] We.alUa(Mar2l, 2023 IR56 COT) Notary Public in and for the State of Texas My Commission Expires: Selena Ala day of March 2023. Name of Notary Public Here LESSEE: TOTALENERGIES E&P USA BARNETT 1, LLC Brett Austin Vice President - Land THE STATE OF TEXAS COUNTY OF TARRANT ,�pRY AVB SELENA ALA r Notary Public f STATE OF TEXAS G� Notary I.D. 1324n28 s� ��- My Comm. Exp. Mar. 31, 2024 BEFORE ME, the undersigned, a Notary Public, on this clay personally appeared Brett Austin, Vice President - Land of TotatEnergies E&P USA Barnett 1, LLC, a Delaware limited liability company, on behalf of said company, known to me to be the person whose name is subscribed to the foregoing instrument and that lie has executed the same for the purposes and consideration therein expressed. �(*"Eh§ AL OF OFFICE this n day of Mo rcl .. 2023. My Notary ID # 128832307 `� *`•'ExoresDeoember20,2023 Notary Public in and for the State of Texas My Commission Expires: SCA J�YZJ e" OX/\Print Name of Notary Public Here 2 wTC Tr 13 EXHIBIT A 4.922 ACRIJS, more or less, described in the following seven (7) tracts of land being Weatherford Traffic Circle Tract 1.3: Being a tract of land in Block 13, of Highland Homes Addition, to the City of Fort Worth, Tarrant County Texas according to Plat recorded in Volume 388-A, Page 102, of the Plat records of Tarrant County, Texas being more particularly described in Warranty Deed from J.D. Jones and L,H. Luck to City of Fort Worth recorded in Volume 2090, Page 128, of the Deed Records of Tarrant County Texas. Being a tract of land in Block 14, of Highland Homes Addition, to the City of Fort Worth, Tarrant County Texas according to Plat recorded in Volume 388-A, Page 102, of the Plat records of Tarrant County, Texas being more particularly described in Warranty Deed from J.D. Jones to City of Fort Worth recorded in Volume 2094, Page 433, of the Deed Records of Tarrant County Texas. Being a tract of land in Block 14, of Highland Homes Addition, to the City of Fort Worth, Tarrant County Texas according to Plat recorded in Volume 388-A, Page 102, of the Plat records of Tarrant County, Texas being more particularly described in Warranty Deed from Elton M. Hyder to City of Fort Worth recorded in Volume 2094, Page 435, of the Deed Records of Tarrant County Texas. Being a tract of land in Block 14, of Highland Homes Addition, to the City of Fort Worth, Tarrant County Texas according to Plat recorded in Volume 388-A, Page 102, of the Plat records of Tarrant County, Texas being more particularly described in Warranty Deed from Grace Coxby, a widow, to City of Fort Worth recorded in Volume 2206, Page 124, of the Deed Records of Tarrant County Texas. Being a tract of land in Lot 2, Block 2, of Ridglea West Addition, to the City of Fort Worth, Tarrant County Texas according to Plat recorded in Volume 1951, Page 482, of the Plat records of Tarrant County, Texas being more particularly described in Warranty Deed from Frank J. Cwikla and wife, Doris J. Cwikla to City of Fort Worth recorded in Volume 2752, Page 583, of the Deed Records of Tarrant County Texas. Being a tract of land in Lot 51, Block 2, of Ridglea West Addition, to the City of Fort Worth, Tarrant County Texas according to Plat recorded in Volume 1951, Page 482, of the Plat records of Tarrant County, Texas being more particularly described in Warranty Deed from James Emmett Massey and wife, 011ie M. Massey to City of Fort Worth recorded in Volume 2753, Page 8, of the Deed Records of Tarrant County Texas. Being a tract of land in Block 21, of Highland Homes Addition, to the City of Fort Worth, Tarrant County Texas according to Plat recorded in Volume 388-A, Page 102, of the Plat records of Tarrant County, Texas being more particularly described in Warranty Deed from O'Dell Moore and wife, Ada Nell Moore to City of Fort Worth recorded in Volume 3168, Page 454, of the Deed Records of Tarrant County Texas. [Mulligan 2H MIPA] WTC Tr 13 CITY COUNCIL AGENDA Official site of the City of Fort Worth, Texas Fogy T y COUNCIL ACTION: Approved As Amended on 11/17/2009 - Amendment is Highlighted in Yellow Create New From This M&C DATE: 11/17/2009 REFERENCE NO.: L-14889 LOG NAME: CODE: L TYPE: NON -CONSENT PUBLIC HEARING: 06ADMIN LEASES NO SUBJECT. Authorize Administrative Approval and Execution of Leases for Natural Gas Drilling Under City -Owned Properties of Five Acres or Less in Size RECOMMENDATION: It is recommended that the City Council authorize the City Manager to approve and execute leases for natural gas drilling under City -owned properties that are five acres or less in size. DISCUSSION: On January 18, 2007, (M&C G-15588) Fort Worth City Council authorized the City Manager to approve and execute leases for natural gas drilling under City -owned non -park properties that are two acres or less in size. From time to time, the City is asked to lease isolated City -owned properties in various locations that are five acres or less. City staff is recommending that gas leases for these properties be administratively approved for natural gas drilling leases after evaluation of the gas company's drilling plan, reputation, financial status, project team and compliance history by staff and the City's mineral asset management consultant, Midkiff Oil and Gas. The leases would be executed through an internal administrative process involving the Planning and Development Department, the City Attorney's Office and the City Manager's Office. The purpose of this change is to allow staff to negotiate and expedite processing of small leases in order to ensure that the City is not excluded from units due to the time necessary for City Council review. Requirements and guidelines to be followed in determining eligibility for inclusion in the Administrative Gas Lease Process are as follows: City -owned property five acres or less; No surface use of any kind; No identified adverse impact to the surrounding neighborhood; Compliance with the City's gas drilling ordinance; Minimum bonus to be determined by current market rate; Minimum royalty of 25 percent; The distribution of lease bonus and royalties will be in accordance with the revenue distribution policy approved by the City Council; and No M/WBE goal will be required due to the size of the parcels. The lease will be presented to City Council for consideration prior to execution for any City owned properties under five acres if opposition to conversion is expressed by citizens in the affected neighborhood or a Council Member requests such consideration. FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that this action will have no material effect on City funds. TO Fund/Account/Centers Submitted for City Manager's Office by_ Originating Department Head: Additional Information Contact: ATTACHMENTS FROM Fund/Account/Centers Fernando Costa (6122) Susan Alanis (8180) Jean Petr (8367)