Tag: environment
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The Law of Capture: A Guide for Oil & Gas Professionals
Ever heard the phrase "finders, keepers"? The law of capture is basically that, but for valuable resources hidden deep underground. It’s a legal rule that says whoever first "captures" a free-flowing resource—like oil, natural gas, or groundwater—by bringing it to the surface gets to own it. This is true even if that resource seeped over…
