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Click two or more of the word chunk buttons on the left to form words that match the clues listed below.
WordClue
9 letters O/g lease conveys title to a fee simple determinable; Lease may last forever, but it may terminate if there is no production at end of _____ time; Two interests
6 letters Agreement b/w interested parties for development and production on tract of land, which typically sets forth _____ of operator, and provisions for sharing expenses and accounting; State gov't orders supersede operating agrmt is inconsistent
6 letters Every oil and gas owner has right to a fair opportunity to produce oil and gas form _____ reservoir underling his property
7 letters Farmout agreement different from an operating agreement; K by which one party earns mineral interest that was owned by _____
7 letters Property Rights In Oil and Gas- Rule of _____ (default rule)
8 letters Title and Conveyance Issues- Fractional interest _____ and "Duhig" doctrine; "Duhif" doctrine
7 letters Oil and Gas Lease- _____ clause; Pugh clause
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Created by: dmoore147
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