Working With Oil And Gas Rules And Regulations
A.D. Bond, Mobil Oil Corporation
Almost everyone connected with the oil and gas business will, at one time or another, be faced with rules and regulations governing oil and gas operations. The purpose of this paper is to present a generalized concept of some of the laws adopted by the various regulatory agencies in Texas and New Mexico. To completely encompass all rules and regulations in effect in the space and time allotted would be impossible. But, by supplementing the information contained in this paper with the reader's own knowledge and that available from other sources, one may gain a broader perspective of this particular phase of the oil and gas industry as well as a more complete understanding of the workings of the regulatory bodies.