... gas flowing is in jeopardy. The State's role in preventing waste and protecting correlative (property) rights must be recognized by Federal agencies. producer purchaser upstream oil & gas lease regulation prorated pool consideration correlative rights deliverability new mexico...

... Introduction The purpose of this paper is to acquaint those in our industry and others about the term "proration". I will discuss what it is, why we have it, and how it applies to the regulation of oil and gas production. For most of my professional career, I production. For most of my...