State Ex Rel. Boykin v. Hope Producing Co.

TALIAFERRO, Judge.

Plaintiff executed to the Standard Oil Company of Louisiana an- oil and gas lease on the S. ½ of N. W. ½ of section 21, township 17 north, range 6 east, in Ouachita parish, wherein appears the following covenant designed to govern the respective rights and obligations of the parties in the event gas in paying quantities was produced from the land, while the lease was in effect:

“To pay the lessor $200.00 each year for each well producing gas only, until such time as the gas shall be utilized or sold off the premises, and at that time the royalty above named shall cease, and…