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Simple English definitions for legal terms

operations clause

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A quick definition of operations clause:

An operations clause is a part of an agreement for oil and gas exploration that says the lease will stay in effect as long as there is ongoing development of oil and gas on the property. This means that the lease will not expire if the company continues to work on the land. It is also sometimes called a continuous-operations clause or a well-completion clause.

A more thorough explanation:

An operations clause is a provision in an oil-and-gas lease that ensures the lease will remain valid as long as oil-and-gas development continues on the leased property. This clause is also known as a continuous-operations clause or a well-completion clause.

For example, if a company leases a piece of land for oil-and-gas exploration and production, the operations clause would state that the lease will not expire as long as the company continues to drill wells and extract oil and gas from the property. This clause protects the company's investment in the lease and encourages them to continue developing the property.

Another example would be if a landowner leases their property to an oil-and-gas company and includes an operations clause in the lease. If the company stops drilling or extracting oil and gas from the property, the lease would expire, and the landowner could lease the property to another company.

In summary, an operations clause is a crucial provision in an oil-and-gas lease that ensures the lease remains valid as long as oil-and-gas development continues on the leased property.

operational | operative

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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