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Title: Finders Keepers
Author: Frederick H. CLARK,DONALD L. Katz,
Source: American Gas Association 1985
Year Published: 1985
Abstract: All who work in the fields of oil and gas exploration and production and underground gas storage acquire, by various means, an exposure to the legal terms used in discussing ownership of natural gas. Among these are the law of capture, ferae naturae, and ownership in place, -perhaps even incorporeal hereditament. Many are familiar with the learned dissertations in the oil and gas law texts of the various rules relating to these terms that are applied in the various producing states. It is not the purpose of this paper to explain these rules in detail, to differentiate between them, and to say which will or should apply to the problem that we propose to deal with. Rather, we first want to set the stage for our topic by generalizing that, regardless of the theories and related legal terms that are applied, the result reached tends to be the same.

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