Indiana Code 32-23-7-2. “Oil and gas estate in land”
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Terms Used In Indiana Code 32-23-7-2
- oil and gas: means petroleum and mineral oils and gaseous substances of whatever character naturally lying or found beneath the surface of land. See Indiana Code 32-23-7-1
Sec. 2. As used in this chapter, “oil and gas estate in land” means the aggregate of all rights in land that affect the oil and gas in, on, under, or that may be taken from beneath the surface of the land.
[Pre-2002 Recodification Citation: 32-5-7-1(b).]
As added by P.L.2-2002, SEC.8.