Master the ownership theories for oil and gas (rule of capture, ownership in place)
Learn the types of mineral interests, royalty interests, and working interests
Memorize the implied covenants in oil and gas leases (development, marketing, protection)
Understand pooling, unitization, and spacing requirements under state law
Nail the habendum clause, primary and secondary term provisions, and lease termination
57+
Flashcards
31
Topics
68%
Pass Rate
910+
Students
Oil And Gas for Texas Bar Exam FAQ
What Oil and Gas topics are covered?
Our flashcards cover mineral ownership theories, oil and gas leases (granting, habendum, royalty clauses), implied covenants, pooling and unitization, conveyancing of mineral interests, regulatory framework (Railroad Commission), and surface use rights.
How do flashcards help with Oil and Gas law?
Oil and Gas law has unique terminology and doctrines not found in other property courses. Our flashcards define key terms, explain lease interpretation rules, and drill the implied covenants that are frequently tested on the bar exam.
Are the different types of mineral interests explained?
Yes. We cover fee simple mineral estates, royalty interests (landowner and overriding), working interests, production payments, net profits interests, and how each is created and conveyed.
Do you cover the rule of capture and its limitations?
Yes. Our flashcards explain the rule of capture, correlative rights, conservation regulations, and the modern limitations on the rule including anti-waste statutes and spacing requirements.