§ 23-1307. Ownership of storage gas and storage rights.\n 1. All gas and liquefied petroleum gas, which has previously been\nreduced to possession, and which is lawfully injected into an\nunderground storage reservoir, shall be deemed the property of the\ninjector, his heirs, successors or assigns, provided that the injector,\nhis heirs, successors or assigns, shall have no right to reserves of\nnative gas or oil remaining in any stratum or portion thereof which have\nnot been condemned hereunder or otherwise acquired by such injector, his\nheirs, successors or assigns. Nothing contained in this subdivision\nshall be construed to confer on any operator any storage rights not\notherwise acquired or held by him.\n 2. No production lease shall be construed to include rights to store\noil or gas unless the lease includes a provision granting such storage\nrights. The rule of construction provided in this subdivision is not\nintended to alter any law or rule of construction applicable to leases\nmade prior to October 1, 1963 or to imply any rule of construction for\nsuch leases.\n
N.Y. Environmental Conservation Law § 23-1307
Ownership of storage gas and storage rights
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.