Common use of PARTIAL TERMINATION, CONTINUOUS DRILLING OPERATIONS, AND PRODUCTION ACREAGE Clause in Contracts

PARTIAL TERMINATION, CONTINUOUS DRILLING OPERATIONS, AND PRODUCTION ACREAGE. Upon expiration of the Primary Term, or upon cessation of Continuous Drilling Operations, whichever is later, this Lease will terminate as to all lands and depths except as to Production Acreage assigned to xxxxx then producing in Paying Quantities located on the Leased Premises, as set forth in this Section 8.

Appears in 3 contracts

Samples: Oil and Gas Lease, utlands.utsystem.edu, 198.147.139.105

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PARTIAL TERMINATION, CONTINUOUS DRILLING OPERATIONS, AND PRODUCTION ACREAGE. Upon expiration of the Primary Term, or upon cessation of Continuous Drilling Operations, whichever is later, this Lease will terminate as to all lands and depths except as to Production Acreage assigned to xxxxx then producing in Paying Quantities located on the Leased PremisesPremises or lands properly pooled therewith, as set forth in this Section 8.

Appears in 1 contract

Samples: utlands.utsystem.edu

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