Abstract

http://ssrn.com/abstract=1680918
 


 



Minimizing the Environmental Impact of Oil and Gas Development by Maximizing Production Conservation


David E. Pierce


Washburn University School of Law

2009

North Dakota Law Review, Vol. 85, No. 4, p. 759, 2009

Abstract:     
One oil and gas well results in less environmental impact and surface disruption than two wells. The number of wells required to efficiently develop an oil and gas reservoir can be significantly reduced, while increasing the ultimate recovery of the oil and gas resource, if the reservoir can be developed without regard for the rule of capture. Current oil and gas "conservation" regulation is built around the rule of capture, which creates the legal necessity to be associated with an oil and gas well in order to secure rights in the oil and gas. By shifting the focus of rights in oil and gas reservoirs away from capture rights and toward correlative rights, state oil and gas conservation commissions can better manage development of the oil and gas resource, allowing all interested parties to maximize recovery of their oil and gas resources while minimizing the impact on surface and other natural resources.

Number of Pages in PDF File: 21

Keywords: Rule of Capture, Correlative Rights, Conservation Laws, Oil, Gas, Model Oil and Gas Conservation Act, North Dakota Oil and Gas Conservation Act

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Date posted: September 22, 2010  

Suggested Citation

Pierce, David E., Minimizing the Environmental Impact of Oil and Gas Development by Maximizing Production Conservation (2009). North Dakota Law Review, Vol. 85, No. 4, p. 759, 2009. Available at SSRN: http://ssrn.com/abstract=1680918

Contact Information

David E. Pierce (Contact Author)
Washburn University School of Law ( email )
1700 College Avenue
Topeka, KS 66621
United States
HOME PAGE: http://washburnlaw.edu/faculty/pierce-david.php
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