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Simple English definitions for legal terms

cessation-of-production clause

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A quick definition of cessation-of-production clause:

A cessation-of-production clause is a rule in a lease agreement for oil and gas that explains what the renter must do to keep the lease if production stops. The purpose of this clause is to avoid the uncertainties of the temporary cessation of production doctrine. This clause usually states that the lease will be maintained as long as production does not stop for more than an agreed period of time, usually sixty to ninety days. As long as sixty days does not pass without operations on the property, the lease will not end even if there is no production.

A more thorough explanation:

A cessation-of-production clause is a provision in an oil and gas lease that outlines what the lessee must do to maintain the lease if production stops. The purpose of this clause is to avoid the uncertainties of the temporary cessation of production doctrine.

For example, if an oil company leases land for drilling and production, the lease may include a cessation-of-production clause that states the lease will be maintained as long as production does not cease for more than an agreed-upon period of time, usually 60 to 90 days. If the lessee continues operations on the property within this timeframe, the lease will not terminate even if there is no production.

The cessation-of-production clause provides more certainty for both the lessor and lessee, as it outlines specific actions that must be taken to maintain the lease and avoid any confusion or disputes that may arise from temporary cessation of production.

cess | cessavit per biennium

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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