gas lease

gas lease
See oil and gas lease.

Ballentine's law dictionary. . 1998.

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  • Natural gas lease production —   Gross withdrawals of natural gas minus gas production injected on the lease into producing reservoirs, vented, flared, used as fuel on the lease, and nonhydrocarbon gases removed in treating or processing operations on the lease.   U.S. Dept.… …   Energy terms

  • oil and gas lease — A grant of the sole and exclusive right to develop the land described in the lease for oil arid gas or a demise for a designated term of years for the purpose of such development, subject to the conditions of a payment of royalty in the event of… …   Ballentine's law dictionary

  • oil and gas lease — Grant of right to extract oil and/or gas from land …   Black's law dictionary

  • oil and gas lease — noun : a deed by which a landowner authorizes exploration for and production of oil and gas on his land usually in consideration of a royalty …   Useful english dictionary

  • lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… …   Black's law dictionary

  • lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… …   Black's law dictionary

  • Lease separator —   A facility installed at the surface for the purpose of separating the full well stream volume into two or three parts at the temperature and pressure conditions set by the separator. For oil wells, these parts include produced crude oil,… …   Energy terms

  • Lease operations —   Any well, lease, or field operations related to the exploration for or production of natural gas prior to delivery for processing or transportation out of the field. Gas used in lease operations includes usage such as for drilling operations,… …   Energy terms

  • Lease and plant fuel —   Natural gas used in well, field, and lease operations (such as gas used in drilling operations, heaters, dehydrators, and field compressors) and as fuel in natural gas processing plants.   U.S. Dept. of Energy, Energy Information Administration …   Energy terms

  • Lease condensate —   A mixture consisting primarily of hydrocarbons heavier than pentanes that is recovered as a liquid from natural gas in lease separation facilities. This category excludes natural gas plant liquids, such as butane and propane, which are… …   Energy terms

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