US Update: Which of your land leases expire in the next 60 days?

Name the leases on your books that reach the end of their primary term in the next 60 days.

Now name the ones carrying a Pugh clause.

If your lease database holds the dates, you can probably build the first list.

The second often means a landman pulling instruments, because a lease database only knows what someone keyed in.

That gap is where acreage can slip away.

Picture a lease reaching the end of its primary term.

In the original instrument, typed decades ago and assigned twice since, there’s a Pugh clause that releases the depths below the producing formation.

Nobody on your team caught it, because nobody had the hours to pull that instrument this month.

The deeper rights went back to the mineral owner, and another operator’s landman leased them first.

You find out when their filing shows up.

Nobody was careless.

The work is built that way.

Your database only knows what someone keyed in Your lease database is the system your team trusts, and it should be.

The trouble is coverage.

It holds what someone had time to enter, and the details that decide who holds what aren’t always among them.

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