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Mineral Rights: Current Issues and Legal Concerns

Learn about the latest issues and complexities associated with mineral leases and contracts.As drilling technology improved and increased over the recent years, the number of oil and gas producing states have grown from the early discovery in 1859 in Pennsylvania and the boom years that followed in California, Texas, Louisiana, Oklahoma and other states. By 2014, most of the onshore oil and gas production comes from Texas, North Dakota, California, Alaska, New Mexico, Oklahoma, Colorado, Wyoming and Louisiana. The surge continued in those states and other states due to hydraulic fracturing (fracking). The number of oil and gas discoveries, have caused states to look at the legal concepts of the ownership of hydro-carbons, the exploration and development of reserves. Many states have over the years devised laws, rules and regulations to address such issues. While there are unique legal principles in those states (especially in Louisiana which adopted the Civil Law system as opposed to the Common Law system), there are nonetheless many common industry practices and customs in the negotiation of mineral leases and associated contracts. This topic will highlight those basic legal concepts and its applications in those oil and gas producing states.


Runtime: 90 minutes
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Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

The Nature of Oil and Gas, Migration of Oil and Gas, and Exploration, Production, and Refining of Oil and Gas

The Landowner's Mineral Rights

The Rule of Capture and Correlative Rights

Conservation Statutes

Servitudes Prescription for Nonuse of Servitudes; Analogous Provisions in Other States

Mineral Royalties

Executive Rights

Mineral Leases

Primary Term of a Lease; Delay Rentals

Habendum Clause; Paying Quantities

Maintenance of Lease; Mother Hubbard Clause; Warranties and After-Acquired Title Doctrine

Lessor/Lessee Obligations

Transfers of Lease Rights

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Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Anthony C. Marino

Anthony C. Marino

Slattery, Marino & Roberts

  • Shareholder with the law firm of Slattery, Marino & Roberts
  • Concentrates practice generally in mineral title examination, the acquisition and divestiture of mineral properties, regulatory matters relating to onshore leases and offshore leases, including state waters and federal waters
  • Frequent speaker and has written numerous publications
  • Adjunct professor at Loyola School of Law where he teaches Mineral Law
  • Member of the Louisiana Bar Association, Associate Member of the American Association of Petroleum Landmen, Member of the Houston Association of Petroleum Landmen, Member of the Petroleum Landmen Association of New Orleans
  • J.D. degree, Loyola University School of Law; B.A. degree, University of New Orleans
  • Can be contacted at 504-585-7800 or [email protected]
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Product ID: 399642
Published 2017
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