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Introduction of Co-Tenancy Accounting

Contains material from May 2022

Introduction of Co-Tenancy Accounting
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An overview of the rights and obligations of mineral co-tenants with regard to one another where there is no agreement between them, with particular focus on how a developing co-tenant must account to an unleased or uncommitted mineral co-tenant who does not participate in the cost of operating.

Includes: Video Audio Paper


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1. Introduction of Co-Tenancy Accounting (May 2022)

William B. Burford

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(mp4)
31 mins
(mp3)
30 mins
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21 pgs
Session 1 —31 mins
Introduction of Co-Tenancy Accounting (May 2022)

An overview of the rights and obligations of mineral co-tenants with regard to one another where there is no agreement between them, with particular focus on how a developing co-tenant must account to an unleased or uncommitted mineral co-tenant who does not participate in the cost of operating.

Originally presented: Apr 2022 Fundamentals of Oil, Gas and Mineral Law

William B. Burford, Kelly Hart & Hallman LLP - Midland, TX