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South Carolina has no oil or gas reserves, ing to the U.S. Energy Information Administration. So we don't have to worry about the hazards to health and the environment caused by hydraulic fracturing, or fracking. Right?
South Carolina has no crude oil reserves or production, and there are no petroleum refineries in the state.
When you have an oral lease on a month-to-month basis, it may be ended at the end of the 30-day period. However, under a written lease, the lease ends at the time stated in the lease unless either the landlord or the tenant violates the terms of the lease, making the lease end.
States require a drilling permit before a well begins drilling. Requirements to receive drilling permits generally include minimum setbacks from lease or unit boundaries, and adequate casing and cementing programs.
Reserves. There is no oil or gas activity in South Carolina due to limited crude oil and natural gas reserves.