Document Type
Article
Abstract
This brief introduction about oil and gas law in Arkansas is intended to help lawyers to better serve their clients and to explore the most important issues and concepts of a complex area of the law. This introduction into oil and gas involves the following: unfamiliar definitions; familiar words that are peculiar to this area of the law; new legal doctrines that are also peculiar to this area of the law; practice pointers in conveyance and estate planning in which involve mineral rights; discussions of tax forfeitures; adverse possession and surface rights, as they relate to these rights a blueprint of a typical oil and gas lease; an explanation of certain covenants that the law adds to or reads into those mineral leases; an explanation of the origins and fallacies of the common law Rule of Capture, leading into a discussion of Arkansas's current oil and gas regulatory environments; and finally, an explication of the practical and philosophical underpinnings of oil and gas law and practice.
Recommended Citation
Thomas A. Daily and W. Christopher Barrier,
Well, Now, Ain't That Just Fugacious!: A Basic Primer on Arkansas Oil and Gas Law,
29 U. Ark. Little Rock L. Rev. 211
(2007).
Available at: https://lawrepository.ualr.edu/lawreview/vol29/iss2/1