Extensions

If one tract of land has a well but the other tract on same lease does not have well, does the 2 year extension get paid?

▶ Reply to This

Replies to This Discussion

landownerPermalink Reply by robert minton on December 10, 2011 at 15:41

"Leased premises" consists of both tracts. The well on one of the tracts in the lease, and keeps the lease alive. No need for lessee to pay for extension-lease has been extended by well on the other tract. 7, 8,or 9 tracts in a lease constitutes leased premises, just as many apples constitute a bushel.

▶ Reply

Oil & Gas ProPermalink Reply by The_Baron on December 12, 2011 at 4:04

only if you have a horizontal pugh clause.

If so the other tract would not be HBP if it is outside of the unit.

▶ Reply

RSS

Welcome to
GoHaynesvilleShale.com

Sign Up
or Sign In

Or sign in with:

📧 Want email updates on new discussions?
Visit the Forum and click "Follow" after the last discussion.

Top Content

1	Nacogdoches County TX and Apex and other offers Summer 2026
2	Will Permian gas limit the price of Haynesville gas?
3	COMSTOCK ANNOUNCES $1.65 BILLION STRATEGIC PARTNERSHIP WITH SOCAR AND $450 MILLION DRILLING JOINT VENTURE WITH JERRY JONES
4	Ensight IV Blakey 7-8H #1, Zwolle Field, Sabine Parish
5	More than Twenty Years of Haynesville Development? 14,000 Undrilled Locations? And Rock Tiers
6	The Oil Industry’s Lithium Experiment Still Needs a Few More Years To Prove Out
7	The value of a brine lease in Union County
8	Apex now leasing
9	Why are natural gas prices staying so low?
10	Watch Skip Peel's Interview with the University of Minnesota on the Haynesville Shale