
Finders Keepers?
Since the beginnings of the oil industry, production activity has been governed by the ''law of capture,'' dictating that one owns the oil recovered from one''s property even if it has migrated from under neighboring land. This ''finders keepers'' principle has been excoriated by foreign critics as a ''law of the jungle'' and identified by American commentators as the root cause of the enormous wa...
Since the beginnings of the oil industry, production activity has been governed by the ''law of capture,'' dictating that one owns the oil recovered from one''s property even if it has migrated from under neighboring land. This ''finders keepers'' principle has been excoriated by foreign critics as a ''law of the jungle'' and identified by American commentators as the root cause of the enormous wa...