- delay rentals
- Rentals charged on leased gas wells pending delay in production during drilling and development operations. United Fuel & Gas Co. v Railroad Com. 278 US 300, 73 L Ed 390, 49 S Ct 150.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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dry hole clause — A provision in an oil and gas lease specifying what a lessee must do to maintain the lease for the remainder of the primary term after drilling an unproductive well. A dry hole clause is intended to make clear that the lease may be maintained by… … Black's law dictionary
or lease — An oil lease obligating a lessee to drill a well within a certain time or pay delay rentals. 24 Am J1st Gas & O § 60 … Ballentine's law dictionary
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