14:15
sad. imagine being here in 2005/2010 when it was 100 operational. woe is me
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LSDefine
Simple English definitions for legal terms
correlative-rights doctrine
Read a random definition: laying of the venue
A quick definition of correlative-rights doctrine:
The correlative-rights doctrine is a principle in water law that says people who share a water source, like neighbors, must use it fairly. This means they can't use too much water and must limit their use to a reasonable amount. In oil and gas law, the doctrine means that people who own land with oil and gas reserves must use them responsibly and not waste or damage them. It's like sharing toys with friends - everyone gets a fair turn and no one can hog all the toys.
A more thorough explanation:
The correlative-rights doctrine is a principle in water and oil & gas law that limits the use of a common resource by adjoining landowners to a reasonable amount.
Under the correlative-rights doctrine in water law, owners of land overlying a single aquifer are each limited to a reasonable share of the total supply of groundwater. This means that if two landowners share a common water source, they must use it in a way that does not deprive the other of a reasonable amount. For example, if one landowner uses too much water, it could cause the other landowner's well to run dry.
In oil & gas law, the correlative-rights doctrine means that a lessee's or landowner's right to extract oil and gas from the property is restricted by the duty to exercise that right without waste or negligence. This means that if a landowner extracts too much oil or gas, it could cause damage to the reservoir or reduce the amount available for other landowners. For example, if a landowner drills too many wells in a small area, it could cause the reservoir to collapse or reduce the amount of oil or gas available for neighboring landowners.