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Author: American Bar Association. Section of Mineral Law. Committee on Special Publications Publisher: ISBN: Category : Law Languages : en Pages : 790
Book Description
This volume is a summary of each oil producing state's legislation, administrative rules and regulations, and judicial interpretations in the area of oil and gas conservation.
Author: American Bar Association. Section of Mineral Law. Committee on Special Publications Publisher: ISBN: Category : Law Languages : en Pages : 790
Book Description
This volume is a summary of each oil producing state's legislation, administrative rules and regulations, and judicial interpretations in the area of oil and gas conservation.
Author: American Bar Association. Section of Mineral and Natural Resources Law Publisher: ISBN: Category : Conservation of natural resources Languages : en Pages : 374
Author: American Bar Association. Section of Mineral Law Publisher: ISBN: Category : Natural gas Languages : en Pages : 320
Book Description
A symposium consisting of 11 papers which, as a whole, give the legal history of the regulation of the oil and gas industry in the principal producing states in the interest of conservation; and which, at the same time, necessarily contain much instructive data and interesting discussion relating to the political and economic phases of governmental regulation of an industry.
Author: Terence Daintith Publisher: Earthscan ISBN: 1936331764 Category : Law Languages : en Pages : 500
Book Description
Since the beginnings of the oil industry, production activity has been governed by the 'law of capture,' dictating that one owns the oil recovered from one's property even if it has migrated from under neighboring land. This 'finders keepers' principle has been excoriated by foreign critics as a 'law of the jungle' and identified by American commentators as the root cause of the enormous waste of oil and gas resulting from U.S. production methods in the first half of the 20th century. Yet while in almost every other country the law of capture is today of marginal significance, it continues in.
Author: Terence Daintith Publisher: Routledge ISBN: 1136522832 Category : Law Languages : en Pages : 522
Book Description
Since the beginnings of the oil industry, production activity has been governed by the 'law of capture,' dictating that one owns the oil recovered from one's property even if it has migrated from under neighboring land. This 'finders keepers' principle has been excoriated by foreign critics as a 'law of the jungle' and identified by American commentators as the root cause of the enormous waste of oil and gas resulting from US production methods in the first half of the twentieth century. Yet while in almost every other country the law of capture is today of marginal significance, it continues in full vigour in the United States, with potentially wasteful results. In this richly documented account, Terence Daintith adopts a historical and comparative perspective to show how legal rules, technical knowledge (or the lack of it) and political ideas combined to shape attitudes and behavior in the business of oil production, leading to the original adoption of the law of capture, its consolidation in the United States, and its marginalization elsewhere.
Author: Stephen Macdonald Publisher: Routledge ISBN: 1135986584 Category : Business & Economics Languages : en Pages : 300
Book Description
The author develops an economic framework for analyzing state regulation of oil and gas and concludes that existing regulations fall short of assuring optimum well spacing, production rates, use of associated gas, and exploration. Originally published in 1971.
Author: John Burritt McArthur Publisher: Juris Publishing, Inc. ISBN: 1578233402 Category : Law Languages : en Pages : 416
Book Description
Oil-and-Gas Implied Covenants for the Twenty-First Century: The Next Step in Evolution is the first book in over 75 years to be devoted to the implied covenants that courts apply to oil-and-gas and other natural-resource leases. Implied covenants, which apply to all oil-and-gas and other natural-resource leases that use a royalty structure, are hugely important. The United States has reclaimed its position as the world's largest natural-gas producer, it may soon again become the largest oil producer, and the oil-and-gas industry once again is rapidly growing. All this production comes from leased land. And the covenants are the basic body of law, an oilfield common law, developed to carry out the basic purpose of these leases. Oil-and-Gas Implied Covenants features an extended treatment of the issue of greatest controversy in recent years: whether the lessee has to bear all costs of making oil or gas "marketable," or instead can deduct some of those costs from the landowner's interest. Oil-and-Gas Implied Covenants also focuses on the duty to drill additional zones or formations. This affects many shale and other unconventional reservoirs -- the main sources of the surge in oil and gas production over the last decade. Many of these leases are being held by older wells producing from conventional reservoirs. The implied duty to develop and explore should empower lessors to force drilling into the new, unconventional reservoirs, too. If prices begin to drop and lessees begin cutting back on drilling, this duty will end up being a major litigation weapon in the geographic areas into which production is expanding today. On another issue that will be vitally important in the future but has received far too little recognition, the author surveys the law on environmental cleanup and restoration. It is the author's recommendation that lessor and lessee would be better served by treating these issues under a new contract-based implied duty to restore rather than the current treatment under the torts of negligence, nuisance, and trespass. The author also recommends that courts consider a new implied duty to disclose material facts and a new duty limiting costs deducted from the royalty share to actual, reasonable costs. Finally, Oil-and-Gas Implied Covenants illustrates how covenants should apply to hard minerals and other natural resources leased on a royalty-structure basis. And it identifies the areas where implied covenants should be useful to parties in international arbitration and litigation. Thus it points to important new applications of this settled body of law.
Author: American Bar Association. Section of Mineral Law. Committee on Special Publications
Author: American Bar Association. Section of Mineral Law. Committee on Special Publications
Author: American Bar Association. Section of Mineral and Natural Resources Law
Author: American Bar Association. Section of Mineral Law
Author: Patrick H. Martin
Author: Texas
Author: Terence Daintith
Author: Terence Daintith
Author: Stephen Macdonald
Author: John Burritt McArthur
Author: Northcutt Ely