# Contract Coming Up For Renewal
**URL:** https://www.mineralrightsforum.com/t/contract-coming-up-for-renewal/86638
**Category:** Oil and Gas Leasing Help
**Created:** [March 23, 2026, 9:44am UTC](https://www.mineralrightsforum.com/t/contract-coming-up-for-renewal/86638 "2026-03-23T09:44:08Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@mregf](https://www.mineralrightsforum.com/u/mregf)
#### Post date: [March 23, 2026, 9:44am UTC](https://www.mineralrightsforum.com/t/contract-coming-up-for-renewal/86638/1 "2026-03-23T09:44:08Z")
How far ahead of a Contract Renewal should we approach an oil company to renegotiate the contract?
Contracts renew in September this year with Continental Resources. Mineral interests in Converse County, Wyoming.
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### Author:  [@tim\_dowd](https://www.mineralrightsforum.com/u/tim_dowd)
#### Post date: [March 23, 2026, 9:56pm UTC](https://www.mineralrightsforum.com/t/contract-coming-up-for-renewal/86638/2 "2026-03-23T21:56:04Z")
Let’s discuss what you mean by Contract Renewal. As Tennis Daze has pointed out in a separate post, if you have an oil and gas lease providing for a primary term, then if that company or a company to whom they assigned the lease drills and it produces oil & gas, then the lease is extended as long as there is oil & gas produced.
So, if there is production, then the contract (assuming it is an oil and gas lease) is extended. If there is no production, typically the lessee will reach out to extend the lease, or they have the automatic right to extend it without any further negotiation.
I think we need more facts to give a more thorough answer.
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### Author:  [@mregf](https://www.mineralrightsforum.com/u/mregf)
#### Post date: [March 23, 2026, 11:30pm UTC](https://www.mineralrightsforum.com/t/contract-coming-up-for-renewal/86638/3 "2026-03-23T23:30:51Z")
It’s an oil and gas lease providing for a primary term. We are currently receiving payment for producing wells.
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### Author:  [@Alan\_Herrington](https://www.mineralrightsforum.com/u/Alan_Herrington)
#### Post date: [March 24, 2026, 1:53am UTC](https://www.mineralrightsforum.com/t/contract-coming-up-for-renewal/86638/4 "2026-03-24T01:53:50Z")
If there are producing wells on the leased acreage, then there is nothing to negotiate. The initial lease is held (renewed) by the production.
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### Author:  [@sparkle-motion](https://www.mineralrightsforum.com/u/sparkle-motion)
#### Post date: [March 24, 2026, 2:30am UTC](https://www.mineralrightsforum.com/t/contract-coming-up-for-renewal/86638/5 "2026-03-24T02:30:55Z")
Perhaps the confusion is not understanding a Habendum Clause:
- **Habendum Clause:** Sets the duration of the lease, usually defining it as a primary term (e.g., 3 years) followed by a secondary term that lasts as long as there is production in paying quantities.
If the well in question on your lease commenced drilling, and especially producing within what is typically a 3-year primary term, then that lease is now set in stone for the history of that well.
It’s not renegotiated every three years.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [June 21, 2026, 9:44am UTC](https://www.mineralrightsforum.com/t/contract-coming-up-for-renewal/86638/6 "2026-06-21T09:44:22Z")
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