Includes index

Part 1: The 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 -- Part 2: 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 -- Part 3: Oil and gas leasing. Essential clauses of modern oil and gas leases ; Oil and gas lease savings clauses ; The Lease Royalty Clause ; Implied covenants in oil and gas leases ; Lease transfers -- Part 4: Tax and business matters. Oil and gas taxation ; Oil and gas contracts -- Appendix of forms -- Glossary of oil and gas terms

"This text provides authoritative coverage of the legal rules that govern the development of privately owned mineral rights in the United States, which often also apply to government-owned resources. It covers topics such as the nature, protection, and conveyance of oil and gas rights, leasing, and taxation. The 7th edition tracks recent developments in the law and expands Appalachian coverage."--Publisher's website