DR:OP:FR:AM+E - The Rule Of Capture flac album

The rule of capture or law of capture is common law from England, adopted by a number of . jurisdictions, that establishes a rule of non-liability for captured natural resources including groundwater, oil, gas, and game animals. The general rule is that the first person to "capture" such a resource owns that resource.

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Rule of capture is pretty straightforward when applied to solid items like gold. It’s hard to suck gold from another person’s property. However, when applied to liquid or gaseous assets, things get interesting. According to the application of the rule of capture, when oil or gas that was previously roaming under the ground is captured, it becomes the property of the captor, who may or may not own the land the oil or gas was under. Just because oil or gas is present under the ground of somebody else’s land doesn’t mean it’s his or her property.

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rule of capture definition: n 1. Acquiring the ownership of property where there previously was no ownership; thereby, any wild animals captured belong to the person who captures them, regardless of whose property they were upon previously. If the recipient of property displays an intent to take full control of that property and not just pass it on to another, that person captures full rights to that property including the ability to pass it on to his or her heirs.

The rule of capture creates an incentive for an owner to drill as many wells as possible on his piece of land so as to extract the groundwater, oil, or gas before his neighbor. Very dense drilling can result in dissipation of the pressure within an aquifer or oil and gas reservoir, and therefore overdrafting of the aquifer or incomplete extraction of the substance. To mitigate this danger, many states have sought to supersede the rule of capture with conservation acts.