The Business of Oil Production

acreage acres additional allowed amount application assignment average barrels bond capital cent claim claimant complete consideration corporation cost covered depletion deposits depreciation depth determined discovery district drilling effect entry executed expense feet field filed further future gasoline geological give given Government granted greater hand held hold hole included increase individual interest Interior investment known land lease less lessee lessor limit ment method mineral mining months necessary notice obtained offer oil and gas oil or gas operations owner paid period permit person petroleum pipe lines Placer plant pool possible preference right present probable production profit prospecting purchase reasonable received records regulations rental reservation result royalty sand Secretary showing structure supply tion United unless usually