Author: Jean C. van der LeePublisher:
ISBN:
Category : Oil and gas leases
Languages : en
Pages :
Book Description
A Guide to the Freehold Oil and Gas Lease
Author: Jean C. van der LeePublisher:
ISBN:
Category : Oil and gas leases
Languages : en
Pages :
Book Description
The Complete Oil and Gas Lease Agent Guide
Author: Landman's Legal Handbook
Author: Continental Oil CompanyPublisher:
ISBN:
Category : Oil and gas leases
Languages : en
Pages : 388
Book Description
The Oil & Gas Lease in Canada
Author: John Bishop BallemPublisher: University of Toronto Press
ISBN: 1442692014
Category : Law
Languages : en
Pages : 481
Book Description
Long recognized as the standard work on the topic, The Oil and Gas Lease in Canada discusses the legal document that determines the process by which a freehold mineral owner may grant oil companies the right to search for and produce minerals. Subjected to ongoing litigation and governmental regulation, the Lease continues to evolve as the body of common law surrounding it grows and develops. The substances covered by the Lease are unique in that their occurrence is uncertain until discovery, and they are capable of moving from place to place within a reservoir. These qualities have led to the development of new legal concepts, basically creating a separate and distinct branch of the law. This fourth edition of The Oil and Gas Lease in Canada guides the reader through the complexities of the Lease and the legal issues attached to it. John Bishop Ballem brings the text up to date on recent developments, including changes and additions to the terms of the Lease, the effect of recent court decisions, and the growth of coal bed methane as an energy source. Of particular interest is his examination of what takes place following a Lease's involuntary termination. Ballem deals with specific examples of this situation, detailing its consequences for both individual mineral owners and companies, as well as for future judicial pronouncements. The fourth edition of The Oil and Gas Lease in Canada is indispensable for mineral owners, oil companies, land agents, lawyers, and legal institutions.
The Federal Oil and Gas Lease Report
Author: Alfred BrownPublisher:
ISBN:
Category : Oil and gas leases
Languages : en
Pages : 186
Book Description
The Oil and Gas Lease in Canada
Author: John Bishop BallemPublisher: University of Toronto Press
ISBN: 9780802042286
Category : Business & Economics
Languages : en
Pages : 424
Book Description
A comprehensive guide to and analysis of the complex legal document known as the Oil and Gas Lease, including all the relevant cases that have been handed down since publication of the second edition.
The Attorney's Guide to the Oil and Gas Lease
Author: Pennsylvania Bar InstitutePublisher:
ISBN:
Category : Gas industry
Languages : en
Pages : 96
Book Description
The Option to Hold a Petroleum Lease by Production
Author: James L. SmithPublisher:
ISBN:
Category :
Languages : en
Pages : 48
Book Description
Most oil and gas leases allow the operator to extend possession for an indefinite period by establishing production in paying quantities. We show how this option to “hold by production” (HBP) stimulates the drilling of many wells that would otherwise be uneconomic. Although such wells may superficially appear to be poor investments, in fact they contribute to shareholder value. We also show, however, that the HBP provision delays the drilling of other economic wells, an outcome that has become a frequent point of conflict between lessees and lessors in this industry. We provide a simple method to value the HBP lease provision as a compound option, and estimate that it has increased the value of typical shale gas leases in the U.S. by 25%-250% in recent years, depending on location. The HBP provision appears very likely to have increased drilling in certain areas, but even more likely to have decreased drilling elsewhere. Understanding the incentives created by the HBP option is fundamental to understanding the rate and pattern of drilling in U.S. shale gas plays. Our analysis does not support industry critics who allege that continued drilling of many sub-marginal gas wells has been a mistake.
Mineral Interests and the Freehold Petroleum and Natural Gas Lease
Author: Keith LuftPublisher:
ISBN:
Category : Natural gas
Languages : en
Pages : 10
Book Description
A Guide to the Federal Onshore Oil and Gas Leasing Reform Act of 1987
Author: John F. ShepherdPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 112
Book Description
This text discusses provisions of the Federal Onshore Oil and Gas Leasing Reform Act of 1987 and regulations. The work includes the text of the Act, equivalents between the statutes at large and the U.S. Code, and amended regulations covering leasing on federal mineral lands.