Finders Keepers? How the Law of Capture Shaped the World Oil Industry

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...

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Bibliographic Details
Main Author Daintith, Terence
Format eBook
LanguageEnglish
Published Oxford RFF Press, Earthscan LLC 2010
Taylor and Francis
Taylor & Francis Group
Routledge
RFF Press
Edition1
Subjects
Energy
Governance - Politics & International Relations
Law and legislation
Natural resources
Petroleum law and legislation
Continental Shelf
Correlative Rights
Maximum Ultimate Recovery
Unitization Scheme
Trinidad Lake Asphalt
Pac Bell Park
Oil Lands
ohio
Surface Owners
oil
Gas Oil Ratios
rights
Baseball Mitts
Mineral Leasing Act
La Bourboule
Mining Law
Production Sharing Contract
Voluntary Unitization
Unitization Agreements
Compulsory Unitization Statute
law
correlative
Federal Oil Conservation Board
Delimitation Agreements
Compulsory Unitization
drilling
mining
Ohio Oil
Mineral Water Industry
compulsory
Small Tract Owners
Competitive Drilling
unitization
competitive
Petroleum Law
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Table of Contents:
  • Intro -- FINDERS KEEPERS? -- Copyright -- CONTENTS -- Figures and Tables -- Preface and Acknowledgments -- A Note on References, Weights, Measures, and Values -- Part I: The Beginnings of the Rule of Capture in the United States -- CHAPTER 1 The Rule of Capture: Naming and Blaming -- CHAPTER 2 The Leading Cases and Their Legal Background -- CHAPTER 3 Practice and Belief in the Early Petroleum Industry -- Part II: Alternatives and Parallels -- CHAPTER 4 The Mineral Water Industry in France: Protection and Competition -- CHAPTER 5 Asphalt in Trinidad: Digging Your Neighbor's Pitch -- CHAPTER 6 America's Early Oil Rivals: Petroleum and Property Rights in Galicia, Romania, and Russia -- Part III: Modified Capture: The United States in the Twentieth Century -- CHAPTER 7 Correlative Rights and the Beginnings of Conservation -- CHAPTER 8 Oil and Gas in the Public Lands -- CHAPTER 9 Conservation Regulation and the Institutionalization of Capture -- Part IV: Evading Capture? -- CHAPTER 10 Securing Unified National Control of Petroleum Resources -- CHAPTER 11 Capture Revivified? Competitive Acreage Allocation by Governments -- CHAPTER 12 The Cross-Boundary Petroleum Deposit as a Federal and International Issue -- Part V: Conclusion -- CHAPTER 13 The Least Worst Property Rule? -- References -- Index -- About the Author