Share 'That Pugh Clause—Does it Really Mean What You Think It Means? (For Texas Members)'
That Pugh Clause—Does it Really Mean What You Think It Means?
By Meghan Flanery on September 24, 2019 drilldeeperblog.com
Odds are your newly acquired Texas oil and gas lease has a Pugh clause that reads something like: “this lease will be held to be limited to the strata or stratum from which the production of oil or gas is obtained.” Not to worry, the well on the lease has been producing fro…
You can share this discussion in two ways…
Share this link:
Send it with your computer's email program: Email this
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More