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History, Development, and Consequences of Proration Units

Contains material from May 2018

History, Development, and Consequences of Proration Units
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Hear the history and development of the proration unit as a regulatory tool, and the consequences of importing the term into oil and gas leases and contracts.

Includes: Video Audio Paper Slides


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1. Proration Units: "You Keep Using that Word, I Don't Think it Means What You Think it Means!" (May 2018)

Robert G. Hargrove, Ana Maria Marsland

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(mp4)
45 mins
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44 mins
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Session 1 —45 mins
Proration Units: "You Keep Using that Word, I Don't Think it Means What You Think it Means!" (May 2018)

Hear the history and development of the proration unit as a regulatory tool, and the consequences of importing the term into oil and gas leases and contracts.

Originally presented: Apr 2018 Oil, Gas and Mineral Law Institute

Robert G. Hargrove, Osborn, Marsland & Hargrove - Austin, TX
Ana Maria Marsland, Osborn, Marsland & Hargrove - Austin, TX