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Southern Methodist University

1978

Contracts

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Full-Text Articles in Law

Representing The Landowner In Oil And Gas Leasing Transactions, John S. Lowe Jan 1978

Representing The Landowner In Oil And Gas Leasing Transactions, John S. Lowe

Faculty Journal Articles and Book Chapters

The publicity attendant upon the "energy crisis" confronting the United States and increasing prices for oil and gas have induced growing percentages of landowners or mineral interest owners' and oil and gas operators negotiating oil and gas leasing transactions to seek legal counsel at some point in their negotiations. An oil and gas operator usually consults either staff legal counsel or a law firm which represents other oil and gas operators, so that as a general rule operators are served by legal counsel who are familiar with the problems involved in leasing transactions and with the particular characteristics of their …