Those who own land in Louisiana that sits above gas and oil stores have the property rights to those valuable resources. This is pretty basic property law. However, oil and gas laws do not necessarily abide by basic property laws. According to oil and gas laws, it is possible to claim the property rights to these stores if one's well draws them up from neighboring land. How does this work?
Oil and gas are known to move underground. So, it is not out of the question that one might drill a well on one's own property, and it may pull these resources from a neighbor. Some would argue that this is stealing personal property, and at some point, that may have been the case, but now it just is not so.