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LEGALLY â a vertical pugh clause is one where all acreage outside of the well/unit boundaries must be released. LEGALLY â a horizonal pugh clause is one where you must release acreage below a certain depth. However, these two terms are used interchangeably in the industry. The way I teach my studends is this, if you warp your arms around the unit and chop down (vertically) then it is a vertical pugh clause.
Gag Clause. What is a Gag Clause? A gag clause is often used as part of an employment contract as a way for an employer to protect special and/or proprietary corporate information, trade secrets, and confidential employee information. In legal use, a gag clause refers to the situation when individuals are ordered not to speak of certain information.