# Release from an Oil and Gas Lease

**URL:** https://www.mineralrightsforum.com/t/release-from-an-oil-and-gas-lease/41111
**Category:** Oil and Gas Leasing Help
**Created:** [February 1, 2019, 5:04pm UTC](https://www.mineralrightsforum.com/t/release-from-an-oil-and-gas-lease/41111 "2019-02-01T17:04:35Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Sarah\_Pressgrove](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/sarah_pressgrove/32/11744_2.png) [@Sarah\_Pressgrove](https://www.mineralrightsforum.com/u/Sarah_Pressgrove)
#### Post date: [February 1, 2019, 5:04pm UTC](https://www.mineralrightsforum.com/t/release-from-an-oil-and-gas-lease/41111/1 "2019-02-01T17:04:36Z")

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We had a lease with Tornado Energy who sold out to Calvin Mayes in Oklahoma. We want out of the lease and it has been over 5 years since it sold. With gas prices low he does not pull much off well so we got less than $300 total last year on this lease? How do I go about getting the lease with another company that is willing to get more profit?

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### Author: ![TheReluctantMidlander](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/91b2a8/32.png) [@TheReluctantMidlander](https://www.mineralrightsforum.com/u/TheReluctantMidlander)
#### Post date: [February 1, 2019, 5:37pm UTC](https://www.mineralrightsforum.com/t/release-from-an-oil-and-gas-lease/41111/2 "2019-02-01T17:37:57Z")

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You’ll need to look at the lease form you signed with Tornado and see if it says anything as far as what constitutes production in paying quantities. If you signed a standard form “Producers 88” without an addendum that stipulates issues like this, you’re probably out of luck until they voluntarily plug & abandon the well.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:26pm UTC](https://www.mineralrightsforum.com/t/release-from-an-oil-and-gas-lease/41111/3 "2025-01-11T19:26:59Z")

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