Speaker and attendees at a UT Law CLE conference presentation
eCourse

Modern Oil and Gas Contracts, JOA Agreements, and Other Common Contracts and Disputes

Contains material from May 2026
Modern Oil and Gas Contracts, JOA Agreements, and Other Common Contracts and Disputes
4.13 out of 5 stars
What was the overall quality of the course (presentation, materials, and technical delivery)?
Rate the overall teaching effectiveness and presentation skills of faculty for the course.

Technical Questions?
512.475.6700
service@utcle.org

Session 1: Agreeing to Agree: Mutuality of Obligation in Modern Oil and Gas Contracts - Modern oil and gas contracts often contemplate future cooperation between the parties and negotiation of additional agreements, which can lead to enforceability problems. Discuss essential contract formation concepts for complex oil and gas transactions, specifically regarding consideration and mutuality of obligation. The presentation will also include a review of recent cases and suggestions for avoiding common pitfalls. 

Session 2: Joint Operating Agreements: Best Practices and Emerging Legal Issues - Explore key legal principles and practical considerations in structuring and negotiating JOAs in oil and gas operations. This session covers various pressing issues, including operator and non-operator rights and obligations, risk allocation, indemnity provisions, and contract modifications in the context of evolving regulatory and market conditions.   
Session 3: Lessons Learned on Contract Construction Disputes - Guidance for drafting and interpreting oil & gas leases based on recent Texas Supreme Court decisions.  

Session 4: Gas Trading Contracts: Force Majeure and the Fallout from Uri - Cover the basics of NAESB gas trading contracts, the legal issues that arose following Winter Storm Uri, and the NAESB Special Provisions that can make or break your case. 

Includes: Video Captions Audio Transcript Paper Slides

  • Total Credit Hours:
  • 2.00
  • Credit Info
  • TX, CA, PA
  • TX MCLE credit expires: 6/30/2027
You must be signed in, have purchased this eCourse, and the eCourse must be active to have access.

Sessions

Credit
1. Agreeing to Agree: Mutuality of Obligation in Modern Oil and Gas Contracts (May 2026)

Jared DeFelice, Brandon Durrett

0.50 0.00 0.00 0.50
Downloadable Materials
Transcript (txt)
Paper (pdf) – 17 pgs
Slides (pdf) – 21 pgs

Session 1 —29 mins 0.50

Agreeing to Agree: Mutuality of Obligation in Modern Oil and Gas Contracts (May 2026)

Modern oil and gas contracts often contemplate future cooperation between the parties and negotiation of additional agreements, which can lead to enforceability problems. Discuss essential contract formation concepts for complex oil and gas transactions, specifically regarding consideration and mutuality of obligation. The presentation will also include a review of recent cases and suggestions for avoiding common pitfalls.

Originally presented: Apr 2026 Oil, Gas and Mineral Law Institute

Jared DeFelice, Jackson Walker LLP - San Antonio, TX
Brandon Durrett, Jackson Walker LLP - San Antonio, TX

2. Joint Operating Agreements: Best Practices and Emerging Legal Issues (May 2026)

Monika U. Ehrman

0.50 0.00 0.00 0.50
Downloadable Materials
Transcript (txt)
Slides (pdf) – 90 pgs

Session 2 —32 mins 0.50

Joint Operating Agreements: Best Practices and Emerging Legal Issues (May 2026)

Explore key legal principles and practical considerations in structuring and negotiating JOAs in oil and gas operations. This session covers various pressing issues, including operator and non-operator rights and obligations, risk allocation, indemnity provisions, and contract modifications in the context of evolving regulatory and market conditions. 

Originally presented: Apr 2026 Oil, Gas and Mineral Law Institute

Monika U. Ehrman, SMU Dedman School of Law - Dallas, TX

3. Lessons Learned on Contract Construction Disputes (May 2026)

Douglas R. Hafer

0.50 0.00 0.00 0.50
Downloadable Materials
Transcript (txt)
Slides (pdf) – 38 pgs

Session 3 —27 mins 0.50

Lessons Learned on Contract Construction Disputes (May 2026)

Guidance for drafting and interpreting oil & gas leases based on recent Texas Supreme Court decisions.

Originally presented: Apr 2026 Oil, Gas and Mineral Law Institute

Douglas R. Hafer, Curnutt & Hafer, LLP - Arlington, TX

4. Gas Trading Contracts: Force Majeure and the Fallout from Uri (May 2026)

J. McLean Bell III

0.50 0.00 0.00 0.50
Downloadable Materials
Transcript (txt)
Paper (pdf) – 15 pgs
Slides (pdf) – 25 pgs

Session 4 —31 mins 0.50

Gas Trading Contracts: Force Majeure and the Fallout from Uri (May 2026)

Cover the basics of NAESB gas trading contracts, the legal issues that arose following Winter Storm Uri, and the NAESB Special Provisions that can make or break your case. 

Originally presented: Apr 2026 Oil, Gas and Mineral Law Institute

J. McLean Bell III, McGinnis Lochridge - Austin, TX