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A retained-acreage provision is a negotiated provision in favor of the lessor. A retained-acreage provision requires the lessee to release land not assigned to a producing well (or active drilling/ reworking operations) at the end of the primary term.
Why is it called a Pugh clause?
To limit such outcomes, lessors often employ Pugh clauses, named after the creative Louisiana lawyer Lawrence G. Pugh, who first used such a clause in 1947 to prevent the holding of non-pooled acreage in his clients lease while only certain portions of the lease acreage were being held under pooling agreements.
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E. CONTINUOUS DEVELOPMENT AND RETAINED ACREAGE. Notwithstanding anything herein to the contrary, at the expiration of the primary term hereof, this Lease
Understanding Soil Water Content and Thresholds for
Most agricultural soils docHub field capacity one to three days after an irrigation or rainfall event. At this threshold, typical VWC varies from 20 percent in
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