What constitutes "held by production"

Release of leased acreage will depend on the lease terms. So you need to read the 1974 lease to see whether undrilled or nonproducing acreage drops out after primary term or whether all acreage is held by a single well anywhere on the two sections. As this is an old lease, was there continuous production from 1970’s to date on one or both sections? Have your parents been in pay for all these years? If not, then the lease would have terminated in its entirety. Roosevelt County MT may have more than one Section 35 or 26, so post the Twn and Rge for someone to help you find the production history. You may want a MT oil and gas attorney to look at the lease regarding the release of acreage.

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