August 2 Slide Show.pdf - Conservation Law What Would You Do You own 640-acre tract that can be efficiently drained by single well located anywhere on

August 2 Slide Show.pdf - Conservation Law What Would You...

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Conservation Law
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What Would You Do? You own 640-acre tract that can be efficiently drained by single well located anywhere on tract Rule of Capture applies * No liability for lawful drainage Doctrine of Correlative Rights applies * Every owner afforded reasonable opportunity to recover share of oil and gas
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What Would You Do? Where would you drill? Why ?
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What Would You Do? How many wells would you drill (single well or several wells)? Why ?
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