Cases and Materials on Oil and Gas Law / Edition 5

Cases and Materials on Oil and Gas Law / Edition 5

by John S. Lowe, Owen L. Anderson, Ernest E. Smith
     
 

This new edition of the popular textbook on the law of oil and gas focuses first on ownership of the resource. Chapter 1 examines the common law of oil and gas ownership and the remedies that protect and restrict ownership rights. Chapter 2 focuses on the foundational business relationship used to develop oil and gas in the United States—the oil and gas

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Overview

This new edition of the popular textbook on the law of oil and gas focuses first on ownership of the resource. Chapter 1 examines the common law of oil and gas ownership and the remedies that protect and restrict ownership rights. Chapter 2 focuses on the foundational business relationship used to develop oil and gas in the United States—the oil and gas “lease.” Chapter 3 examines common problems encountered in oil and gas conveyancing. Chapter 4 explores legislative and regulatory responses to problems created by common-law ownership concepts, focusing on oil and gas conservation law. Chapter 5 examines the body of law designed to regulate environmental impacts by following the oil and gas development process chronologically, from land acquisition to abandonment. Chapter 6 considers transactions other than leasing and conveying that are frequently encountered in the industry, including assignments, farmouts, operating agreements, drilling contracts, and gas sales contracts. Finally, Chapter 7 examines the complex body of law that must be considered when oil and gas development is taking place on property owned by the federal, state, or tribal governments. Many instructors will build the basic oil and gas law course around Chapters 1 through 4 and save Chapters 5 through 7 for advanced courses. The authors have retained the same basic coverage within the chapters but have changed the order of the chapters, moving discussion of the oil and gas lease forward and delaying discussion of state and federal conservation law and practice until after coverage of titles and conveyances. The authors have also included the following new coverage and changes:

  • more detailed discussion of geophysics, petroleum geology of both conventional and unconventional reservoirs, petroleum engineering, drilling, completion and production technology, including 3-D seismic, horizontal drilling, and hydraulic fracturing;
  • coverage of the effect of these new methods of production on traditional oil and gas law private agreements;
  • further integration of implied covenant issues with express lease issues and conservation with pooling and unitization;
  • discussion of more contracts and transfers by oil and gas lessees, including credit agreements, farmouts, participations agreement, master service agreements and joint operation agreements;
  • new principal cases and editing of older materials and notes; and
  • inclusion of environmental law materials in a separate chapter

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Product Details

ISBN-13:
9780314183972
Publisher:
West Academic Publishing
Publication date:
12/28/2007
Series:
American Casebook Series
Edition description:
REV
Pages:
1205
Product dimensions:
7.80(w) x 10.10(h) x 1.80(d)

Table of Contents

Preface
Table of Cases
Ch. 1Accumulation, Ownership, and Conservation of Oil and Gas1
Ch. 2The Oil and Gas Lease137
Ch. 3Covenants Implied in the Oil and Gas Lease305
Ch. 4Titles and Conveyances: Interests in Oil and Gas369
Ch. 5Interference With Interests in Oil and Gas535
Ch. 6Contracts and Transfers by the Lessee603
Ch. 7Pooling and Unitization690
Ch. 8Development of Federal, State, and Indian Lands852
Index979

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