Topics covered in this volume include mineral servitudes, implied obligations in oil and gas leases, oil and gas royalities and state regulation of development and production. Also contained are tables of statutes and cases.

Nature and Protection of Oil and Gas Rights; The Formation and Production of Oil and Gas; Ownership of Oil and Gas Rights; Kinds of Oil and Gas Interests; Protection of Oil and Gas Rights; Conveying Oil and Gas Rights; Creation and Transfer of Oil and Gas Interests; Joint Ownership of Oil and Gas Rights; Interpretive Problems in Oil and Gas Conveyancing; Oil and Gas Leasing; Essential Clauses of Modern Oil and Gas Leases; Oil and Gas Lease Savings Clauses; Lease Royalty, Clause; Implied Covenants in Oil and Gas Leases; Lease Transfers; Tax and Business Matters; Oil and Gas Contracts.

By 1985, every oil and gas-producing state but Texas had passed a 'unitization' statute requiring cooperation among the various owners of oil and gas reserves. Using interviews, legislative transcripts, and statistical data, Jacqualine Lang Weaver attempts to explain why Texas failed to enact such a statute – aimed at encouraging the most efficient recovery of resources – and how Texas has managed to achieve substantial unitization nonetheless. Originally published in 1986.