Shut-in Royalty. If after the primary term one or more xxxxx on the leased premises or lands pooled or unitized therewith are capable of producing Oil and Gas Substances in paying quantities, but such well or xxxxx are either shut in or production therefrom is not being sold by Lessee, such well or xxxxx shall nevertheless be deemed to be producing in paying quantities for the purpose of maintaining this lease. If for a period of 180 consecutive days such well or xxxxx are shut in or production therefrom is not sold by Lessee, then Lessee shall pay an aggregate shut-in royalty of ten dollars per acre then covered by this lease. The payment shall be made to Lessor on or before the first anniversary date of the lease following the end of the 180-day period and thereafter on or before each anniversary while the well or xxxxx are shut in or production therefrom is not being sold by Lessee; provided that if this lease is otherwise being maintained by operations under this lease, or if production is being sold by Lessee from another well or xxxxx on the leased premises or lands pooled or unitized therewith, no shut-in royalty shall be due until the first anniversary date of the lease following the end of the 90-day period after the end of the period next following the cessation of such operations or production, as the case may be. Lessee’s failure to properly pay shut-in royalty shall render Lessee liable for the amount due, but shall not operate to terminate this lease. However, after the expiration of the primary term, this lease may not be maintained in force by the payment of shut in royalties for any period in excess of one (1) consecutive year from the date the well is first shut in.
Shut-in Royalty. This lease shall not expire at the end of either the primary or secondary term thereof if there is a well capable of producing gas in paying quantities located upon some part of the lands embraced herein, or a pooled unit which contains a part of the leased premises where such well is shut-in for more than 90 days due to the inability of the Lessee to obtain a pipeline connection or to market the gas therefrom; provided, however, the Lessee, for no longer than one year, shall pay an advanced royalty of $200.00 per month for each month shut-in. The payment of said royalty shall be considered for all purposes the same as if gas were being produced in paying quantities and upon the commencement of marketing of gas from said well or xxxxx the royalty paid shall be credited upon the royalty payable to the Lessor for such year. The provision of this section shall also apply where gas is being marketed from said leasehold premises and through no fault of the Lessee, the pipeline connection or market is lost or ceases, in which case this lease shall not expire so long as said royalty is paid as herein provided.
Shut-in Royalty. If there shall be a well on the Leased Premises capable of producing gas or gas and condensate in paying quantities, but from which neither gas nor condensate is sold or used off the Leased Premises for lack of a satisfactory market (which well is herein sometimes called a "shut-in" gas well), Lessee may pay or tender to Lessor, as shut-in gas well royalty, a yearly sum equal to Fifty and No/100 Dollars ($50.00) multiplied by the number of acres subject to this Lease at the time such payment is made. The first such payment of shut-in gas well royalty is to be made on or before sixty (60) days after the day on which (i) such well was shut in or (ii) this Lease ceases to be in force by any other provision hereof, whichever is later. Succeeding payments may be made annually thereafter on or before the anniversary of the due date of such payment; and if such shut-in gas well royalty shall be paid or tendered as above provided, it shall be considered for purposes of this Lease that such well is producing gas in paying quantities for a period of one (1) year from the due date of such payment, and for like annual periods thereafter; provided, however, that the payment of shut-in gas well royalty shall not prevent the termination of this Lease as to portions of acreage covered hereby, in accordance with the provisions of Paragraph 6 hereof. Notwithstanding the making of such shut-in gas well royalty payments, Lessee shall be and remain under the continuing obligation to (i) use all reasonable efforts to find a market for said gas and to commence or resume marketing same when a market is available, (ii) reasonably develop the lands then subject to this Lease and (iii) drill all such xxxxx on the lands then subject to this Lease as may be reasonably necessary to protect same from drainage by xxxxx on adjoining or adjacent lands. All payments or tenders provided for in this Paragraph shall be made to Lessor. This Lease may not be maintained in effect solely by the payment of shut-in royalty for any one period of more than two (2) years or for a cumulative time of more than two (2) years in the aggregate.
Shut-in Royalty. If a well has been completed capable of production in paying quantities, and has been temporarily shut-in for lack of a market, Lessee shall pay Lessor annually, on or before Ninety
Shut-in Royalty. While there is a gas well on this Lease or acreage pooled therewith capable of producing gas in paying quantities, but gas is not being sold, Lessee shall pay or tender in advance an annual shut-in royalty of $5000.00 for each well from which gas is not being sold. Payment with respect to a well will be due within 90 days after the well is shut- in. While shut-in royalty payments are timely and properly paid, this Lease will be held as a producing lease. Following the expiration of the primary term the right of Lessee to maintain this Lease in force by payment of shut-in gas royalty is limited to a period of two consecutive years, or four years in aggregate. The obligation of Lessee to pay shut-in royalty is a condition and not a covenant. The payment or tender of royalty under this paragraph may be made by the check of Lessee mailed or delivered to the parties entitled thereto on or before the due date.
Shut-in Royalty. If at the expiration of the primary term or at any time thereafter: (1) the leased premises is capable of producing the named minerals in paying quantities, and (2) this lease is not otherwise being maintained in force and effect, then LESSEE may, at LESSEE's option, pay as a shut-in royalty, in the same manner prescribed in Section 28 of this lease, an amount equal to Five Hundred Thousand and No/100 Dollars ($500,000.00). To be effective, any shut-in royalty must be received by LESSOR on or before: (l) the expiration of the primary term, or (2) not more than sixty days after LESSEE ceases to produce the named minerals in paying quantities from the leased premises, or (3) not more than sixty days after LXXXXX completes a mining or rehabilitation operation on the leased premises in accordance with an approved plan of operations, whichever date is latest and must be in the full amount set out above and this lease must have theretofore been maintained in force and effect. The shut-in royalty payment shall be accompanied by (1) a statement by LXXXXX describing the circumstances requiring the use of this shut-In provision and (2) an affidavit by LESSE that the mine is shut-in and not producing in paying quantities. If the shut-in royalty is properly paid and received, this lease shall be considered to be a producing lease and the shut-in payment shall hold this lease in force and effect for a period of one year from the end of the primary term or from the first day of the month following the month in which production in paying quantities ceased or in which said mining or rehabilitation operations were completed, whichever date is later. After that one year period, if the above listed conditions still exist, LESSEE may, at LESSEE's option, continue to hold this lease in force and effect by shut-in royalty payments for additional and successive periods of one year each if the LESSOR receives the same shut-in royalty amount set out above each year on or before the expiration of the previously held one year period. If the due date of a shut-in royalty payment should fall on a Saturday, Sunday or a legal state or federal holiday, the due date shall be extended to the next calendar day which is not a Saturday, Sunday, or such a holiday. It is provided, however, that shut-in royalty cannot serve to hold this lease in force and effect for more than five years from the date this lease is initially shut-in (i.e. from the first date of the first shut-in period of this le...
Shut-in Royalty. If a well is has been completed capable of production in commercial quantities, and has been temporarily shut-in for lack of a market, Lessee shall pay Lessor annually, on or before Ninety (90) days of such shut-in event, the sum of One Hundred ($100.00) Dollars per acre for the first year, and Two Hundred Fifty Dollars ($250.00) per acre for the year thereafter on the ensuing anniversary. In no event may Lessee maintain this Lease by payment of shut-in royalty beyond a continuous two years, and this Lease shall terminate automatically on the first day following the second anniversary date of initial shut-in. In the event the Lease is shut-in for a period less than two years, and production is temporarily restored, the ensuing shut-in period shall be tacked onto any previous shut-in period(s), and the Lease shall terminate automatically on the first day following a cumulative two years of shut-in.
Shut-in Royalty. During any period (whether before or after the expiration of the Primary Term hereof) after Covered Hydrocarbons have been produced, when Covered Hydrocarbons are not being sold or used, and the well or xxxxx are shut-in and there is no current production of Covered Hydrocarbons to keep this Lease in force as to such tract, Lessee shall pay or tender a royalty of One Thousand Dollars ($1,000) per well payable within one hundred and eighty (180) days of the date such xxxxx are shut-in, and by the payment, Lessee may extend the term of this Lease as to such tract for a period of one (1) year commencing from the date the well is shut in. When such payment is made it will be considered that oil, gas or coalbed methane gas is being produced within the meaning of this Lease. For the purpose of this Section, no well shall be considered shut-in unless (a) it is completed and tested and thereby shown to be capable of producing Covered Hydrocarbons and (b) the results of such tests have been delivered to Lessor.
Shut-in Royalty. If after the primary term one or more xxxxx on the Leased Premises or lands pooled or unitized therewith are capable of producing Oil and Gas Substances in paying quantities, but such well or xxxxx are either shut in or production therefrom is not being sold by Lessee, such well or xxxxx shall nevertheless be deemed to be producing in paying quantities for the purpose of maintaining this lease. If for a period of ninety (90) consecutive days such well or xxxxx are shut in or production therefrom is not sold by Lessee, then Lessee shall pay an aggregate shut-in royalty of five dollars ($5.00) per acre then covered by this lease. The payment shall be made to Lessor on or before the first anniversary date of the lease following the end of the ninety (90) day period and thereafter on or before each anniversary while the well or xxxxx are shut in or production therefrom is not being sold by Lessee. . This Lease shall not be held through the payment of shut-in royalties for more than a cumulative period of two (2) years without the prior written consent of Lessor. If Lessor does not consent in writing to this lease being held through payment of shut-in royalties for more than a cumulative period of two (2) years, Lessee or its assigns will file of record a Release of Oil and Gas Lease as to all lands previously held by the payment of shut-in royalties and a copy will be supplied to Lessor.
Shut-in Royalty. It is understood and agreed that the shut-in royalty payments due under the terms of this lease shall be based on thirty dollars ($30.00) per net mineral acre covered hereby and contained within either a pooled unit or production unit as provided for herein. This Lease shall not be maintained solely by the payment of shut-in gas royalty for a period longer than two (2) consecutive years after the expiration of the primary term of this Lease. SIGNED FOR IDENTIFICATION: STATE OF OHIO § COUNTY OF ____ _ § This instrument was acknowledged before me on the ___ day of _____ Notary Public, State of Ohio Notary's name (printed): Notary's commission expires: STATEOF COUNTY § OF § This instrument was acknowledged before me on the day of
• l) XXXX XXXXXX Notary Public State ofTexas
