Taking the guesswork out of oil and gas lease contracts
A November 2014 study from the David Eccles School of Business at The University of Utah — Title Clean-Up Analysis (by K. Bown, M. Dixon, J. Ingebritson and K. Rodriguez) — analyzed approximately 5,600 leases and deeds from two fairly large lease deals with dozens of predecessors. The four-person research team expected the data to show that the net gains and losses in acreage from title defects would even out. What they discovered instead is that title defects are two times more likely to result in a net loss than in a net gain in acreage. Read the full story at Oil & Gas Investor.
