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.
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
Available at: http://lawrepository.ualr.edu/lawreview/vol29/iss2/1