University of Texas School of Law

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A Primer on Marketing Oil and Gas (May 2018)

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Discussion of the basic concepts associated with a producer’s marketing of its oil and gas production, including overviews of (a) the applicable provisions of UCC Article 2, (b) the basic provisions of the Conoco general terms and conditions applicable to sales of crude oil as well as the standardized LEAP “master” form agreement for crude oil and refined petroleum products, (c) the provisions commonly found in contracts for the purchase of natural gas by gatherers and processors, as well as by gas marketers utilizing the standardized NAESB “master” form agreement for natural gas, and (d) applicable regulatory principles.”
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Total Credit Hours:
0.75     Credit Info
Specialization: Administrative Law | Oil, Gas and Mineral Law | Real Estate Law

TX MCLE credit expires: 5/31/2019

Includes: Video Audio Paper

$50  

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Credit Hours
1. A Primer on Marketing Oil and Gas (May 2018)

Michael P. Pearson

0.75 0.00 0.00 0.75  

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Video (mp4) 42 mins
Audio (mp3) 41 mins
Paper (pdf) 71 pgs

SESSION 1 — 42 mins, credit 0.75

Session 1:

A Primer on Marketing Oil and Gas (May 2018)

Discussion of the basic concepts associated with a producer’s marketing of its oil and gas production, including overviews of (a) the applicable provisions of UCC Article 2, (b) the basic provisions of the Conoco general terms and conditions applicable to sales of crude oil as well as the standardized LEAP “master” form agreement for crude oil and refined petroleum products, (c) the provisions commonly found in contracts for the purchase of natural gas by gatherers and processors, as well as by gas marketers utilizing the standardized NAESB “master” form agreement for natural gas, and (d) applicable regulatory principles.”

Originally presented at: Apr 2018 Fundamentals of Oil, Gas and Mineral Law

Michael P. Pearson, Jackson Walker LLP - Houston, TX