eCourse
Advanced Issues and Case Updates in Oil and Gas Leasing
Contains material from Jun 2017
Advanced Issues and Case Updates in Oil and Gas Leasing
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Session 1: The Statute of Frauds and Typical Leasehold Documents - The statute of frauds applies to oil and gas leasehold contracts, and the failure to satisfy its requirements may render an agreement unenforceable. Examine how the statute might be applied to typical leasehold documents—retained acreage clauses, farmouts, and AMIs.
Session 2: Production In Paying Quantities (PPQ) - BP v. Laddex—the Texas Supreme Court revisits the doctrine it created.
Session 3: Fun New Ways for Density and Proration Rules to Bust Your Lease - Review and analyze three recent Texas cases affecting how “governmental authority” language in retained acreage clauses interacts with density and proration rules to determine how much acreage an oil and gas lessee may hold by production.
Session 2: Production In Paying Quantities (PPQ) - BP v. Laddex—the Texas Supreme Court revisits the doctrine it created.
Session 3: Fun New Ways for Density and Proration Rules to Bust Your Lease - Review and analyze three recent Texas cases affecting how “governmental authority” language in retained acreage clauses interacts with density and proration rules to determine how much acreage an oil and gas lessee may hold by production.
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1.
The Statute of Frauds and Typical Leasehold Documents (Jun 2017)
W. Timothy George
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Session 1
—46 mins
The Statute of Frauds and Typical Leasehold Documents (Jun 2017)
The statute of frauds applies to oil and gas leasehold contracts, and the failure to satisfy its requirements may render an agreement unenforceable. Examine how the statute might be applied to typical leasehold documents—retained acreage clauses, farmouts, and AMIs.
Originally presented: Apr 2017 Oil, Gas and Mineral Law Institute
W. Timothy George,
McGinnis Lochridge - Austin, TX
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2.
Production In Paying Quantities (PPQ) (Jun 2017)
Charles "Skip" Watson
0.50
0.00
0.00
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Slides
(pdf)
7 pgs
Session 2
—32 mins
Production In Paying Quantities (PPQ) (Jun 2017)
BP v. Laddex—the Texas Supreme Court revisits the doctrine it created.
Originally presented: Apr 2017 Oil, Gas and Mineral Law Institute
Charles "Skip" Watson,
Davis, Gerald & Cremer - Austin, TX
Show session details
3.
Fun New Ways for Density and Proration Rules to Bust Your Lease (Jun 2017)
Brandon Durrett
0.50
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0.00
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Session 3
—28 mins
Fun New Ways for Density and Proration Rules to Bust Your Lease (Jun 2017)
Review and analyze three recent Texas cases affecting how “governmental authority” language in retained acreage clauses interacts with density and proration rules to determine how much acreage an oil and gas lessee may hold by production.
Originally presented: Apr 2017 Oil, Gas and Mineral Law Institute
Brandon Durrett,
Dykema Cox Smith - San Antonio, TX