For landowners, landmen, lawyers, investors, and all oil company employees, this book takes a layperson's approach to the legal aspects of land ownership, transfer, and leasing. Covers privately owned land, state and federal lands, transfer of land interests, and land measurement and description. Also discusses preparations for drilling, producing, and selling; agreements to develop leased properties; and pooling, utilization, and release. Extensive appendices include supplemental information and specific leasing practices in certain states and countries. Includes a full glossary and index.