Or. Rev. Stat. § 274.785
Exclusive rights granted by lease; requirement of diligence; maximum area; assignment
Oregon · Oregon Revised Statutes Chapter 274 — Submersible and Submerged Lands · Status: effective
Cite this
- Citation
- Or. Rev. Stat. § 274.785, Exclusive rights granted by lease; requirement of diligence; maximum area; assignment, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2489405
- Permanent ID
ys:prov:2489405@1- SHA-256
f3370f7d17cd7273664af31f134e43d3705c7ed7689fd7cac9e07bd913d032ea
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(1) The lease shall grant the exclusive right to drill for and produce all oil, gas and sulfur deposits in the leased land and be for a primary term of 10 years and for so long thereafter as oil, gas or sulfur is produced in paying quantities from the leased land, or lessee is diligently conducting producing, drilling, deepening, repairing, redrilling or other necessary lease or well maintenance operations on the leased land or is excused from conducting such operations under the terms of the lease.
(2) The maximum area which shall be included in any single lease to any person shall be 13,200 acres.
(3) No permit, easement or lease, or any portions thereof shall be assignable without the prior written consent of the Department of State Lands.