The Law of Oil and Gas Leases

Reports of opinions by courts of all jurisdictions;thorough annotations; various state laws are described.

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ISBN: 9780820511603
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Product description

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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.

Topics Include:

  • assignment clauses
  • dry hole and lease extension clauses
  • entirety clauses
  • force majeure clauses
  • habendum clauses
  • warranty clauses

Also includes:

  • 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

Publication Information 
        What's New


        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
E

        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