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: the legal view that states that minerals such as oil and gas cannot be owned in place but rather must be brought to the surface before they can be owned. Also called nonownership, nonownership in place.

n: see nonabsolute ownership.

n: see nonabsolute ownership.

n: rule applied by the courts (especially in states that have adopted non absolute ownership views of oil and gas) that states that landowners whose property is being drained by wells on neighbouring tracts can protect themselves only by drilling wells on their own and producing oil or gas as quickly as they can. Compare rule of capture .

n: see absolute ownership.

n: rule applied by the courts (especially in states that have adopted nonabsolute ownership views of oil and gas) that gives title to oil and gas produced from a tract of land to the party reducing it to possession. The rule has been modified a great deal by state regulatory agencies. Compare offset drilling rule.