Lessee's Interest
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Lessee's Interest


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Lessee’s Interest


The most important rights granted to the Lessee in  an oil and gas lease are the rights to enter the land to search for oil and gas, to produce oil and gas and to remove any that it discovers. These rights are exclusive and generally referred to collectively as the leasehold or working interest. The working interest is operating interest. It is that interest in oil and gas that includes the responsibility for all drilling, developing and operating costs.




 

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