eConference
2017 Fundamentals of Oil, Gas, and Mineral Law eConference
Contains material from Jun 2017
2017 Fundamentals of Oil, Gas, and Mineral Law eConference
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UT Law's Fundamentals of Oil, Gas and Mineral Law eConference brings together a distinguished faculty of both academics and practitioners for a series of presentations designed to provide a comprehensive overview of oil and gas legal issues.
The program opens with the definitive primer on how to drill an oil or gas well and continues with sessions on the Rule of Capture, oil and gas interests, a four-session look at the oil and gas lease—classification, royalty valuation, implied covenants and other clauses—conveyancing, and the Joint Operating Agreement.
The program opens with the definitive primer on how to drill an oil or gas well and continues with sessions on the Rule of Capture, oil and gas interests, a four-session look at the oil and gas lease—classification, royalty valuation, implied covenants and other clauses—conveyancing, and the Joint Operating Agreement.
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1.
So You Want to Drill Your Own Oil Well? An Oil and Gas Drilling Primer (Jun 2017)
Alexander C. Papandreou
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Session 1
—29 mins
So You Want to Drill Your Own Oil Well? An Oil and Gas Drilling Primer (Jun 2017)
Hear an overview of the process of finding oil and gas and bringing it to the surface, as well as some of the needed agreements.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Alexander C. Papandreou,
Chevron North America Exploration and Production Company - Houston, TX
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2.
The Rule of Capture, Correlative Rights and Principles of Conservation (Jun 2017)
Patrick H. Martin
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Session 2
—46 mins
The Rule of Capture, Correlative Rights and Principles of Conservation (Jun 2017)
Examine the effects of the Rule of Capture, and discuss well spacing, production limitations, pooling and unitization, and related environmental regulation. Hear a description of agency rules and regulations, rule-making and adjudication procedures, along with a judicial review of agency actions including the concepts of collateral attack, exhaustion of administrative remedies, primary jurisdiction, and standards of deference.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Patrick H. Martin,
Louisiana State University Paul M. Hebert Law Center - Baton Rouge, LA
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3.
Interests in Oil and Gas (Jun 2017)
Christopher S. Kulander
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Session 3
—46 mins
Interests in Oil and Gas (Jun 2017)
Hear an overview of the general types, characteristics and classifications of oil and gas interests.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Christopher S. Kulander,
South Texas College of Law Houston and Of Counsel, Haynes and Boone, LLP - Houston, TX
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4.
The Oil and Gas Lease, Part I: Classification, Scope of Grant and Duration (Jun 2017)
Owen L. Anderson
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Session 4
—63 mins
The Oil and Gas Lease, Part I: Classification, Scope of Grant and Duration (Jun 2017)
Focus in-depth on how an oil and gas lease is classified in law and on the key clauses of the lease.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Owen L. Anderson,
The University of Texas School of Law - Austin, TX
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5.
Texas Title Examination Standards: Introduction and Practical Exercises (Jun 2017)
Allen D. Cummings
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Session 5
—41 mins
Texas Title Examination Standards: Introduction and Practical Exercises (Jun 2017)
Take a look at the use of Title Examination Standards to address common defects, exceptions and errors found in the chain of title to land. Explore the language of the standards, times when they are applicable, and the commentary of applicable law for each standard. Take part in a few practical examination exercises using actual situations encountered in title examination.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Allen D. Cummings,
Law Offices of Allen D. Cummings - San Antonio, TX
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6.
The Oil and Gas Lease, Part II: The Royalty Clause in an Oil and Gas Lease (Jun 2017)
Monika U. Ehrman
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Session 6
—47 mins
The Oil and Gas Lease, Part II: The Royalty Clause in an Oil and Gas Lease (Jun 2017)
In Texas, the calculation of the royalty obligation created under an oil and gas lease is determined by looking at the specific language contained in the royalty clause. Focus on some of the principal phrases used to describe such obligations and how the Texas courts have interpreted them, and take a look at how that same language has been interpreted differently in other jurisdictions. Analyze the impact of division and transfer orders to determine how such instruments may affect the royalty obligations contained in the lease.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Monika U. Ehrman,
The University of Oklahoma College of Law - Norman, OK
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7.
The Oil and Gas Lease, Part III: Implied Covenants (Jun 2017)
Keith B. Hall
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Session 7
—44 mins
The Oil and Gas Lease, Part III: Implied Covenants (Jun 2017)
Follow an outline of the law of implied covenants, including duties imposed, standards applied, and remedies available.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Keith B. Hall,
Louisiana State University Paul M. Hebert Law Center - Baton Rouge, LA
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8.
The Oil and Gas Lease, Part IV: Other Clauses (Jun 2017)
Thomas A. Daily
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6 pgs
Session 8
—29 mins
The Oil and Gas Lease, Part IV: Other Clauses (Jun 2017)
Review other clauses in an oil and gas lease, including surface use clauses and riders, retained acreage and proportionate reduction clauses, and savings clauses such as continuous operations, dry hole, force majeure, and shut-in gas royalty clauses.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Thomas A. Daily,
Daily & Woods, P.L.L.C. - Fort Smith, AR
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9.
Voluntary Pooling and Unitization (Jun 2017)
Carroll G. Martin
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Session 9
—45 mins
Voluntary Pooling and Unitization (Jun 2017)
Review the typical pooling clause in an oil and gas lease, which allows the lessee to combine acreage under one lease with acreage underlying adjacent tracts. Also, explore the voluntary unitization statute in Texas under which the Railroad Commission approves field-wide units, which may combine acreage from hundreds of different tracts and landowners for the purpose of second recovery or repressuring.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Carroll G. Martin,
Scott Douglass & McConnico LLP - Austin, TX
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10.
Oil and Gas Conveyancing (Jun 2017)
Laura H. Burney
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Session 10
—48 mins
Oil and Gas Conveyancing (Jun 2017)
Explore the terms used to convey mineral and royalty interests and the issues that arise in drafting and interpreting these conveyances.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
Laura H. Burney,
St. Mary's University School of Law - San Antonio, TX
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11.
The Joint Operating Agreement (JOA) (Jun 2017)
John S. Lowe
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Session 11
—38 mins
The Joint Operating Agreement (JOA) (Jun 2017)
Hear an overview of the important components of a JOA, completion of and additions to the Form JOA, and issues that arise in the application of the JOA provisions to exploration and production activities.
Originally presented: Apr 2017 Fundamentals of Oil, Gas and Mineral Law
John S. Lowe,
Southern Methodist University Dedman School of Law - Dallas, TX