ND high court ruling gives HBP directionPugh clause severed lands on which well was no longer producing; dissent highlights ‘undeveloped’ as the operative word in lease
By JANNELLE STEGER COMBS For Petroleum News Bakken
The North Dakota Supreme Court handed down a 4-1 ruling June 24 in the Tank v. Citation Oil & Gas Corp. matter. The opinion gave some amount of direction to industry as to the definition of “held by production” in North Dakota.
In 1982, George and Phyllis Tank executed a lease to Petro-Lewis Funds I....
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Production history Pugh clause Colorful dissent
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