free gas clause

free-gas clause. Oil & gas. A provision in an oil-and-gas lease entitling the lessor or the surface owner to use gas produced from the leased property without charge. • Used commonly in colder states, free-gas clauses usu. limit how the gas may be used (e.g., domestic heating and light), how much gas may be used (e.g., not more than 300 MCF per year), or both.

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词条贡献者

译员Matthew，毕业于英国顶尖的高级翻译学院，专注翻译各种与争议解决有关的法律文件。