Very old leases hold to the center of the earth as long as the terms of the lease regarding production are still in effect. Pugh clauses came in later and provided for depth limits or areal limits depending upon their wording.
Very old leases hold to the center of the earth as long as the terms of the lease regarding production are still in effect. Pugh clauses came in later and provided for depth limits or areal limits depending upon their wording.