Peter B. Lewis
The rule of capture holds that “The owner of a tract of land acquires title to the oil and gas which he produces from wells drilled thereon, though it may be proved that part of such oil or gas migrated from adjoining lands.
July 30, 2018 at 03:58 PM
1 minute read
In the 2007 movie “There Will Be Blood,” there is a scene featuring Eli Sunday, an evangelical minister who has fallen on hard times, and Daniel Plainview, an oil developer.
For those who are not familiar with the legal concept referred to as the rule of capture, I can think of no better (or entertaining) explanation.
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