Annual Institute on Mineral Law


David A. Barlow


This paper explores how mineral lessees in Louisiana may use the physical, futures and financial markets for natural gas, as well as gathering issues that arise before the point of sale. Mr. Leland Horton's portion of this presentation puts those issues in the context of the statutory and jurisprudential authority governing the relationship between mineral lessor and lessee. We may raise more questions than answers and we advocate more of a case by case analysis than a bright line rule. But we believe that this is a fertile area of the law that deserves discussion and debate.