دیکشنری تخصصی مهندسی نفت - نسخه آنلاین

n: the theory that minerals such as oil and gas are fully owned in place before they are extracted and reduced to possession. Despite this theory, title to oil and gas may be lost by legitimate drainage and by the rule of capture. Also called ownership in place. See rule of capture.

n: a private company in the business of preparing abstracts of title and performing related services. Also called abstract plant.

n: a collection of all of the recorded instruments affecting title to a tract of land. Compare base abstract.

n: a title opinion based on a complete abstract of title and other relevant documents. Compare stand- up title opinion.

n: a method of asserting and gaining title to property against other claimants, including the owner of record. The claim through adverse possession must include certain acts (as required by statute) over an uninterrupted interval of time. It must also be, in most states, open," "notorious," and "hostile."

n: Native American land designated for use by a specific individual, although the title is still held by the United States.

v: to verify or witness, by a designated company official, the signature of the signing company officer and the affixing of the official company or corporation seal. The title of the company official executing the instrument and the title of the company official attesting it should appear under the signatures.

contractual agreement between legal parties to account for differences between chart measured quantities and the total confirmed quantities at a measuring point such as a plant. They are used to track over/under production relative to entitlements between

n: recorded transfers (links) in title from patent to present.

n: a claim or encumbrance that, if upheld by a court, would impair the owners title to the property.