Oregon Revised Statutes Chapter 274 § 274.840 — Continuation of lease after cessation of production
Oregon Revised Statutes Chapter 274 ·
Oregon Code § 274.840·Enacted ·Last updated March 01, 2026
Statute Text
Continuation of lease after cessation of production.
In the event production on the
leasehold shall cease at any time or from time to time, before or after the
expiration of the primary term of the lease, the lease shall nevertheless
continue in full force and effect if the lessee shall, within six months after
the cessation of production or within such longer period of time as the
Department of State Lands may authorize, commence and thereafter prosecute with
reasonable diligence drilling, deepening, repairing, redrilling or other
operations for the restoration of production of oil, gas or sulfur from the
leased lands. [1961 c.619 §15]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 274.840
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Continuation of lease after cessation of production. Read the full statute text above for details.
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