MLchartDataset catalogue

Lease

Term · Oil and gas · MLC-T-OAG-002148

A legal agreement granting the right to explore for and produce oil and gas from a specific tract of land for a defined period. The lease outlines terms such as royalty payments, rental fees, and drilling obligations. It is a fundamental document in hydrocarbon exploration and production.

Table 1. Record
IdentifierMLC-T-OAG-002148
FieldOil and gas
SubjectGeology
Record as JSON 
{
  "id": "MLC-T-OAG-002148",
  "term": "Lease",
  "field": "Oil and gas",
  "definition": "A legal agreement granting the right to explore for and produce oil and gas from a specific tract of land for a defined period. The lease outlines terms such as royalty payments, rental fees, and drilling obligations. It is a fundamental document in hydrocarbon exploration and production.",
  "subject": "Geology",
  "url": "https://mlchart.com/terminology/oil-and-gas/lease/"
}

Record 2,296 of 4,469 in Oil and gas terminology (MLC-0103). Request the full dataset.