Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

apportionment rule

Read a random definition: original work of authorship

A quick definition of apportionment rule:

An apportionment rule is a legal principle that applies to oil and gas leases on land that is divided during the lease term. It states that if the land is sold to multiple owners, each owner is entitled to a share of the royalties from the lease in proportion to their ownership interest in the land. For example, if two people own equal shares of the land, they would each receive half of the royalties. This rule is only followed in California, Mississippi, and Pennsylvania.

A more thorough explanation:

The apportionment rule is a legal principle that applies to oil and gas leases. It is a minority doctrine that states that if a piece of land is divided during the lease term, the royalties accrued under the lease must be shared by the landowners in proportion to their interests in the land.

For example, let's say Grey granted a lease to Simms for a piece of land. Later, Grey sold half of the land to Metcalfe. According to the apportionment rule, Simms and Metcalfe would each be entitled to half of any royalty from the land, no matter where the producing well was located.

It is important to note that only three states in the United States follow this rule: California, Mississippi, and Pennsylvania. The majority of states follow the nonapportionment rule, which means that the royalties are not divided among the landowners based on their interests in the land.

The apportionment rule is designed to ensure that each landowner receives a fair share of the royalties from the oil and gas produced on the land. It prevents one landowner from receiving a disproportionate amount of the royalties simply because the producing well happens to be located on their portion of the land.

apportionment of liability | apportum

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
LSD+ is ad-free, with DMs, discounts, case briefs & more.