State of Texas (grantor) and Exxon Corp (grantee)

v 50 p 569 Loving County Texas , Exxon and State lease,? Can anyone tell me what exactly this lease means? We own interest in this section but this doesn’t sound correct? Thank you

Recording information - Volume 50, Page 569 in Loving County records. It is an Agreement between State of Texas (grantor) and Exxon Corp (grantee)

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