Fracking, also known as hydraulic fracturing, is an oil and gas well drilling technique used to enhance the flow of natural resources. While it significantly boosts well production, it has sparked debates due to its environmental implications.
An Oil and Gas Lease is a legal agreement that grants the right to explore, extract, and produce oil, gas, and sometimes other minerals from the land. The lease outlines terms such as the subsurface and surface rights, duration, extension terms, royalties, surface damages, assignments, and warranties.
