Standard Oil Co. of Louisiana v. Futral

ODOM, Justice.

This is a concursus proceeding. Sam W. Futral owns in fee 266% arpents (approximately 226 acres) of land, all in one tract, in the Parish of St. Landry. On May 16, 1938, he, joined by others, leased the southern 100 acres of that tract to Smith & McDannald for the production of oil, gas and other 'minerals. The lessees, Smith & McDannald, or their successors, operating under their lease, began the drilling of a well on said land on or before May 15, 1939, and said well was completed as a producer in the month of August, 1939. They began the drilling of a second well on or about…