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Simple English definitions for legal terms

operations clause

Read a random definition: doctrine of optional completeness

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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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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