Underground Gas Storage
- Subscribe to Leasing Information from the Michigan DNR
- Part 5, Section 502, Act 451, Public Acts of 1994, as amended, authorizes the Michigan Department of Natural Resources to enter into contracts for the Underground Gas Storage Leasing Program.
Seven-year primary term and a rental rate commencing at $7.50 per acre per year for the first five years. This amount will be adjusted on each fifth-year anniversary date of the lease.