2014 Primer:

The Law, Science and Finance of International Energy Projects

Houston Jan 29, 2014 Four Seasons Hotel
Conference Concluded

Buy

Related products: Materials

The Primer will go on as scheduled.
updated Tuesday, 1/28/2014, 9:30 p.m.

PRESENTED BY
The University of Texas School of Law
The Oil, Gas and Energy Resources Law Section of the State Bar of Texas (OGERL)
The Association of International Petroleum Negotiators (AIPN)

SPONSORED BY
Andarko Petroleum Company
King & Spalding
Latham & Watkins LLP
Norton Rose Fulbright

Download Brochure (PDF)

Overview

This unique multidisciplinary primer, The Law, Science and Finance of International Energy Projects, offers a high-level introduction to legal structures and agreements and the science and finance that underlie and drive international upstream energy projects. The primer is interactive, with opportunities to work examples, and provides substantive take-away materials.

Stay on for International Upstream Energy Transactions, where leading members in the international energy sector—corporate counsel, NOCs, IOCs and related industry experts—offer practical analysis and advanced discussions on both current and recurring issues involving international upstream energy transactions.

Event Schedule

Program is subject to change.
All times are Central Time Zone.

Time

Credit

Subject

Speaker
Wednesday Morning, Jan. 29, 2014
8:00 am

Registration Opens

Includes continental breakfast.
9:00 am

Introduction and Overview of an International Energy Project Lifecycle

An introduction to program objectives and faculty with an overview of a typical international energy project lifecycle from development through decommissioning.

D. Marie Wagner, Anadarko Petroleum Corporation - The Woodlands, TX
9:15 am

0.75 hr

Energy, Geology and Geophysics: Conventional Resources

A lawyer's introduction to the science underlying the agreements we draft and negotiate in the course of developing and operating an international energy project. Petroleum, crude, natural gas and liquids—what are they? Where are they located? How do we find them? When do we think they might run out? Also, a brief introduction to geophysical data acquisition and processing techniques and the leading role geophysical data plays in modern oil and gas exploration and operations.

Eric C. Potter, Bureau of Economic Geology, The University of Texas - Austin, TX
10:00 am

0.75 hr

Petroleum Engineering: Conventional Hydrocarbons

How do we physically explore for, develop and produce hydrocarbons? As lawyers, we must have an understanding of the fundamentals of petroleum activities to accurately draft agreements and effectively provide counsel to energy industry clients. An introduction to different types of offshore and onshore drilling and production systems including FPSOs (floating, production, storage and off-loading vessels) and TLPs (tension-leg platforms). Typical liquefied natural gas (LNG) production facilities (liquefication, regasification and pipelines) are discussed, with coverage of "high-level" drilling and production facilities and operation cost estimates.

Keith Troutman, Anadarko Petroleum Corporation - The Woodlands, TX
10:45 am

Break
11:00 am

0.75 hr

Unconventional Hydrocarbon Resources

An overview of the geology and geophysics of unconventional hydrocarbon resources including shale. An introduction to the petroleum engineering techniques required to develop and produce these resources.

Eric C. Potter, Bureau of Economic Geology, The University of Texas - Austin, TX
Keith Troutman, Anadarko Petroleum Corporation - The Woodlands, TX
11:45 am

Pick Up Lunch

Included in registration.
Wednesday Afternoon, Jan. 29, 2014
LUNCHEON PRESENTATION
12:00 pm

1.50 hrs

Host Country Instruments (HCIs)

A look at the legal regimes used globally for buying, selling, exploring, developing and producing hydrocarbons, including Concession or Royalty/Tax, Production Sharing, Risk Service Agreements and so-called "hybrids;" with a discussion of basic natural resource ownership/title concepts and provisions of various HCIs, including key fiscal and non-fiscal terms.

D. Marie Wagner, Anadarko Petroleum Corporation - The Woodlands, TX
1:30 pm

1.00 hr

International Energy Project Economics

This session is designed to provide a lawyer the basics of energy project economics "101" so that they can better work with their energy industry clients to develop legal options in various deal scenarios that are also "economic." Hear an examination of how we develop project economic models to calculate investor rates of return and other key economic indicators by using facility and operation cost estimates, revenue estimates and Host Country Instrument provisions. The role of "risk analysis" in developing project models and the concept of leverage and how it can impact project economics also is considered.

Keith Troutman, Anadarko Petroleum Corporation - The Woodlands, TX
2:30 pm

Break
2:45 pm

1.00 hr

Co-Venture Formation and Agreements

Leverage and risk allocation are two factors that frequently lead most international energy projects to be undertaken by more than one co-venture party. This session covers the most common arrangements by which parties acquire interests in energy projects including farmins, farmouts, participation agreements and swaps, with coverage of the fundamental provisions of typical co-venture Joint/Unit Operating Agreements (JOAs) using the AIPN model form as a basis.

D. Marie Wagner, Anadarko Petroleum Corporation - The Woodlands, TX
3:45 pm

0.50 hr

Co-Venture Economics: The Power of Leverage

A discussion of the economic inflection points that occur over the life of an upstream project. Participants work through examples of typical commercial arrangements for farmins and co-venture risk-sharing.

Keith Troutman, Anadarko Petroleum Corporation - The Woodlands, TX
4:15 pm

0.50 hr

Co-Venture Operations

Getting into a co-venture can seem easy compared to operating a successful co-venture. This sessions looks at operational provisions within the industry joint operating agreement framework including management decision-making, and contracting.

D. Marie Wagner, Anadarko Petroleum Corporation - The Woodlands, TX
4:45 pm

0.75 hr

Summary and Q&A

Your questions are answered by the program faculty in this moderated Q&A session.

Eric C. Potter, Bureau of Economic Geology, The University of Texas - Austin, TX
Keith Troutman, Anadarko Petroleum Corporation - The Woodlands, TX
D. Marie Wagner, Anadarko Petroleum Corporation - The Woodlands, TX
5:30 pm

Adjourn

Download Schedule

Conference Faculty

Eric C. Potter

Bureau of Economic Geology, The University of Texas
Austin, TX

Keith Troutman

Anadarko Petroleum Corporation
The Woodlands, TX

D. Marie Wagner

Anadarko Petroleum Corporation
The Woodlands, TX

Planning Committee

D. Marie Wagner—Chair

Anadarko Petroleum Corporation
The Woodlands, TX

Timothy R. Brown

Anadarko Petroleum Corporation
The Woodlands, TX

Gregory J. Smith

The University of Texas School of Law
Austin, TX

Credit Info

Houston

MCLE Credit

Texas – 7.50 hrs
Legal Specialization(s): Oil, Gas and Mineral Law

You may claim your credit online in Your Briefcase, and UT Law CLE will report credit on your behalf to the State Bar of Texas. A Certificate of Attendance will be provided in Your Briefcase for your records. The system reports Texas CLE credit every Tuesday. If you are claiming credit in the last week of your birth month, self-report your CLE credit directly to the State Bar of Texas at texasbar.com, using the course number provided on your certificate of attendance.

California – 7.50 hrs

You must claim your credit online in Your Briefcase, and will then be provided a Certificate of Attendance for your records. UT Law CLE is required to provide the State Bar with electronic attendance records for any MCLE participatory activity within 60 days of completion of the activity. The California licensee is responsible for reporting their compliance/credit hours earned to the State Bar at the end of their reporting period directly to the State Bar of California at calbar.ca.gov. UT Law CLE will maintain Attendance Records for four years.

Oklahoma – 9.00 hrs

You must claim and certify your credit online in Your Briefcase, then you will then be provided a Certificate of Attendance for your records. UT Law CLE will report credit on your behalf to the Oklahoma Bar Association within 30 days after the conference.

Other Credit

Certified Professional Landman (AAPL) – Expected – 0.00 hr

Following the conference, UT CLE will send, to attendees who have claimed AAPL credit in their briefcase, by email the AAPL Affidavit of Attendance with the AAPL course number and reporting information included.
http://www.landman.org

Registered Professional Landman (AAPL) – Expected – 0.00 hr

TX Accounting CPE – 9.00 hrs

The University of Texas School of Law (Provider #250) live conferences are presumptively approved by The Texas State Board of Public Accountancy for Texas Accounting CPE credit based on a 50-minute credit hour. Approved for general CPE credit only.

At the conference, you are welcome to sign in on the Accounting CPE Record of Attendance form at the registration desk, but we are now reporting all credit online. You will receive a Texas Accounting Certificate of Completion in Your Briefcase. Self-report your CPE credit directly to TSBPA. UT Law CLE will maintain Attendance Records for four years.

Contact us at accreditation@utcle.org if you have additional questions.

Key Dates

Houston – Jan 29, 2014 – Four Seasons Hotel

Conference Concluded

Buy

Houston

Individual
Last day for $175.00 Regular pricing: Jan 24, 2014

$225.00 for registrations received after this time

Last day for cancellation (full refund): Jan 24, 2014

$50 processing fee applied after this date

Last day for cancellation: Jan 27, 2014

Venue

Four Seasons Hotel

1300 Lamar St
Houston, TX
713.650.1300 (reservations)
Map

Accommodations

$225 room rate good through January 2, 2014 (subject to availability).

Parking Information

Valet $15 per day; Overnight Valet $30; Self-parking available in nearby lots

2014 Primer:

The Law, Science and Finance of International Energy Projects

Houston Jan 29, 2014 Four Seasons Hotel Conference Concluded

Buy

Related products: Materials

Overview

Event Schedule

Wednesday Morning, Jan. 29, 2014

Wednesday Afternoon, Jan. 29, 2014

Conference Faculty

Eric C. Potter

Keith Troutman

D. Marie Wagner

Planning Committee

D. Marie Wagner—Chair

Timothy R. Brown

Gregory J. Smith

Credit Info

MCLE Credit

Other Credit

Key Dates

Venue

Four Seasons Hotel

Accommodations

Parking Information

Stay in the loop with UT Law CLE

Houston Jan 29, 2014 Four Seasons Hotel
Conference Concluded