Definitions

from The Century Dictionary.

  • noun A grant to a lessee of the right to bore within certain limits for “oil, salt, or other minerals,” the work to be commenced within a certain time and “to be prosecuted with all reasonable diligence.”
  • noun The land covered by such a lease.

Etymologies

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Examples

  • Obama's speech on energy policy announced a couple of initiatives - $15B/year plus oil-lease fees going to renewables R&D after election.

    Election Central Morning Roundup 2009

  • Their moves were upstaged Wednesday by the Bush administration, which announced a long-planned action to move forward with big oil-lease sales in Alaska.

    In California, Support Grows for Offshore Drilling 2008

  • Congressman James Garfield, who became a substantial investor in oil lands—and, later, President of the United States—reported to an oil-lease salesman that he had discussed oil with a number of other members of Congress, “who are in the business, for you must know the fever has assailed Congress in no mild form.”

    The Prize Daniel Yergin 2008

  • Congressman James Garfield, who became a substantial investor in oil lands—and, later, President of the United States—reported to an oil-lease salesman that he had discussed oil with a number of other members of Congress, “who are in the business, for you must know the fever has assailed Congress in no mild form.”

    The Prize Daniel Yergin 2008

  • Barack Obama's administration plans 15 offshore oil-lease sales from 2012 to 2017, keeping the Atlantic and Pacific seaboards off-limits for drilling.

    unknown title 2011

  • And when the landmen, as oil-lease buyers are called, contacted Rick Davis's 88-year-old mother, Ruth, this year, he advised her to follow Joe's dream and take the money.

    NYT > Global Home By KIRK JOHNSON 2011

  • And when the landmen, as oil-lease buyers are called, contacted Rick Davis's 88-year-old mother, Ruth, this year, he advised her to follow Joe's dream and take the money.

    NYT > Home Page By KIRK JOHNSON 2011

  • Making this point was the Bureau of Land Management's decision on April 8 to pull 91,000 acres in Montana, South Dakota and North Dakota from an expected oil-lease auction so that the federal agency could study how oilfield activities can contribute to climate change.

    Global Warming RSS Newsfeed info@ecologicalinternet.org (Bismarck Tribune: Edi 2010

  • Making this point was the Bureau of Land Management's decision on April 8 to pull 91,000 acres in Montana, South Dakota and North Dakota from an expected oil-lease auction so that the federal agency could study how oilfield activities can contribute to climate change.

    Global Warming RSS Newsfeed info@ecologicalinternet.org (Bismarck Tribune: Edi 2010

  • It was a well-deserved death: during the past decade, M.M.S. officials had let oil companies shortchange the government on oil-lease payments, accepted gifts from industry representatives, and, in some cases, literally slept with the people they were regulating.

    The New Yorker 2010

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