Pack v. Santa Fe Minerals

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “typical oil and gas leases contain an implied covenant to market oil and gas from the subject wells”
• a well is incapable of produc- therefore does not sustain a mineral interest that lasts tion if the underlying mineral reserves are depleted
• a well is incapable of production if the underlying mineral reserves are depleted
• a well is incapable of production if the underlying mineral reserves are depleted
• \[T]he lease continues in existence so long as the interruption of production in paying quantities does not extend for a period longer than reasonable or justifiable in light of the circumstances involved.\
• “[In the event of a shut-in,] Lessee shall pay a shut-in payment equal in amount to one half (1/2) the annual delay rental until such time as production is re-established ...”

Source: CourtListener parenthetical corpus (CC0).