The Law of Oil and Gas Leases
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This publication provides a comprehensive survey of the various judicial interpretations of the provisions of an oil and gas lease, which is the core instrument of the oil and gas industry. It provides analysis of the meaning and consequences of each type of provision in the oil and gas lease and explains how the provisions interrelate. It also features abundant forms.
- assignment clauses
- dry hole and lease extension clauses
- entirety clauses
- force majeure clauses
- habendum clauses
- warranty clauses
- reports of opinions by courts of all jurisdictions
- thorough annotations; various state laws are described and compared
- special clauses in lease agreements
- escrow agreements
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Table of contents
Chapter I INTRODUCTION
Chapter II WHO MAY MAKE A LEASE
Chapter III CONSIDERATION AND GRANTING CLAUSE
Chapter IV DESCRIPTION
Chapter V THE "HABENDUM" OR TERM CLAUSE
Chapter VI THE ROYALTY CLAUSES
Chapter VII THE DRILLING AND RENTAL CLAUSE
Chapter VIII THE POOLING PROVISION
Chapter IX THE DRY HOLE AND LEASE EXTENSION
Chapter X OPERATIONAL RIGHTS AND RESTRICTIONS
Chapter XI THE ASSIGNMENT CLAUSE
Chapter XII THE ENTIRETY CLAUSE
Chapter XIII THE FORCE MAJEURE CLAUS
Chapter XIV THE WARRANTY CLAUSE
Chapter XV CONSERVATION LAWS
Chapter XVI IMPLIED COVENANTS OF DEVELOPMENT
Chapter XVII SPECIAL CLAUSES IN LEASES AND ASSIGNMENTS
Chapter XVIII APPENDIX FORMS OF LEASES, ASSIGNMENTS, ESCROW AGREEMENTS, AND OTHER CONTRACTS AFFECTING OIL AND GAS LEASES
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