OVERVIEW OF OIL AND GAS CONTRACTS - Maxine …

the schedule and manner in which mineral reserves were developed, and (4) reserving to the mineral rights owner very few rights in the way of control, other than to receive a royalty payment based upon the disposition of the hydrocarbons produced. In the United States, disputes over lease operation began to arise over the lack of

  Contract, Overview, Mineral, Royalty, Overview of oil and gas contracts