THE CO-TENANT PROBLEM IN THE DEVELOPMENT OF OIL & GAS

By |2017-08-29T10:35:02-05:00August 29th, 2017|

In the United States, it is common for one or more concurrent owners, or co-tenants, to own the fee oil and gas estate in fractional interests. Each of these co-tenants may execute oil and gas leases to different lessees, who then own undivided fractional shares of the leasehold estate with other Lessees and unleased mineral