Common use of POOLING; ALLOCATION Clause in Contracts

POOLING; ALLOCATION. Without Xxxxxx’s prior written consent, which may be granted or withheld in Xxxxxx’s sole discretion, Lessee is expressly prohibited from pooling or unitizing any part of the Leased Premises with any other leasehold or mineral interest for the exploration, development, and production of any Produced Substance. If Lessee desires to drill a well, whether or not classified as an allocation well, across the Leased Premises which traverses leases or units off the Leased Premises, Lessee is prohibited from commencing Drilling Operations for such well until it obtains a Production Sharing Agreement executed by Lessor, which may be granted or withheld in Lessor’s sole discretion. Further, no part of any well may traverse the Leased Premises except for the purpose of producing Produced Substances without Lessor’s prior written consent, which may be granted or withheld in Lessor’s sole discretion.

Appears in 2 contracts

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

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POOLING; ALLOCATION. Without XxxxxxLessor’s prior written consent, which may be granted or withheld in Xxxxxx’s sole discretion, Lessee is expressly prohibited from pooling or unitizing any part of the Leased Premises with any other leasehold or mineral interest for the exploration, development, development and production of any Produced Substance. If Lessee desires to drill a well, whether or not classified as an allocation well, across the Leased Premises which traverses leases or units off the Leased Premises, Lessee is prohibited from commencing Drilling Operations for such well until it obtains a Production Sharing Agreement executed by Lessor, which may be granted or withheld in Lessor’s sole discretion. Further, no part of any well may traverse the Leased Premises except for the purpose of producing Produced Substances without Lessor’s prior written consent, which may be granted or withheld in Lessor’s sole discretion.

Appears in 1 contract

Samples: www.universitylands.org

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POOLING; ALLOCATION. Without XxxxxxLessor’s prior written consent, which may be granted or withheld in XxxxxxLessor’s sole discretion, Lessee is expressly prohibited from pooling or unitizing any part of the Leased Premises with any other leasehold or mineral interest for the exploration, development, development and production of any Produced Substance. If Lessee desires to drill a well, whether or not classified as an allocation well, across the Leased Premises which traverses leases or units off the Leased Premises, Lessee is prohibited from commencing Drilling Operations for such well until it obtains a Production Sharing Agreement executed by Lessor, which may be granted or withheld in Lessor’s sole discretion. Further, no part of any well may traverse the Leased Premises except for the purpose of producing Produced Substances without Lessor’s prior written consent, which may be granted or withheld in Lessor’s sole discretion.

Appears in 1 contract

Samples: 198.147.139.105

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