FURTHER-EXPLORATION COVENANT

further-exploration covenant.Oil & gas. In an oil-and-gas lease, an implied promise that once

production has been obtained from the leased property, the lessee will continue to explore other

parts of the property and other formations under it. • Some jurisdictions hold that the covenant for

further exploration does not exist independently of the covenant for reasonable development. See

also REASONABLE-DEVELOPMENT COVENANT; REASONABLY-PRUDENT-OPERATOR

STANDARD D.[Blacks Law 8th]