2006 New York Code - Ownership Of Storage Gas And Storage Rights



 
  § 23-1307. Ownership of storage gas and storage rights.
    1.  All  gas  and  liquefied  petroleum gas, which has previously been
  reduced  to  possession,  and  which  is  lawfully  injected   into   an
  underground  storage  reservoir,  shall  be  deemed  the property of the
  injector, his heirs, successors or assigns, provided that the  injector,
  his  heirs,  successors  or  assigns, shall have no right to reserves of
  native gas or oil remaining in any stratum or portion thereof which have
  not been condemned hereunder or otherwise acquired by such injector, his
  heirs, successors or assigns.  Nothing  contained  in  this  subdivision
  shall  be  construed  to  confer  on any operator any storage rights not
  otherwise acquired or held by him.
    2. No production lease shall be construed to include rights  to  store
  oil  or  gas unless the lease includes a provision granting such storage
  rights. The rule of construction provided in  this  subdivision  is  not
  intended  to  alter any law or rule of construction applicable to leases
  made prior to October 1, 1963 or to imply any rule of  construction  for
  such leases.

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