eConference
2019 Fundamentals of Oil, Gas and Mineral Law eConference
Contains material from Apr 2019
Great refresher on numerous areas.
good introduction to main concepts
It was a good course with some very qualified speakers. Relatively basic information but some topics were a little more in depth and it was good to get current information on the new form of JOA.
Very well done.
Technical Questions?
512.475.6700
service@utcle.org
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, Texas Title Examination Standards, oil and gas interests and conveyancing, the Joint Operating Agreement, voluntary pooling and unitization, and the Railroad Commission. Also learn all you need to know about an oil and gas lease with a four-session series, including classification, royalty and other clauses and implied covenants.
This program is jointly presented by The University of Texas School of Law and The Oil, Gas and Energy Resources Law Section of the State Bar of Texas.
Includes: Video Audio Paper Slides
Preview Sessions
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Frank N. Cusimano III
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Session 1
—31 mins
So You Want to Drill Your Own Oil Well? An Oil and Gas Drilling Primer (Apr 2019)
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: Mar 2019 Fundamentals of Oil, Gas and Mineral Law
Frank N. Cusimano III,
Chevron North America Exploration and Production Company - Houston, TX
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Patrick H. Martin
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Session 2
—45 mins
The Rule of Capture, Correlative Rights and Principles of Conservation (Apr 2019)
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: Mar 2019 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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John Beckworth
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Session 3
—57 mins
The Oil and Gas Lease, Part I: Classification, Scope of Grant and Duration (Apr 2019)
An in-depth focus on how an oil and gas lease is classified in law and on the key clauses of the lease.
Originally presented: Mar 2019 Fundamentals of Oil, Gas and Mineral Law
John Beckworth,
The University of Texas School of Law - Austin, TX
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Allen D. Cummings
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Session 4
—44 mins
Texas Title Examination Standards: Introduction and Practical Exercises (Apr 2019)
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: Mar 2019 Fundamentals of Oil, Gas and Mineral Law
Allen D. Cummings,
Attorney at Law - Austin, TX
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Brian R. Sullivan, PE
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Session 5
—44 mins
Overview of Railroad Commission Regulations (Apr 2019)
Review the important Railroad Commission rules and the recent amendments to the rules.
Originally presented: Mar 2019 Fundamentals of Oil, Gas and Mineral Law
Brian R. Sullivan, PE,
McElroy, Sullivan, Miller & Weber, LLP - Austin, TX
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Tara Righetti
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Session 6
—43 mins
The Oil and Gas Lease, Part II: The Royalty Clause in an Oil and Gas Lease (Apr 2019)
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. Royalty terms in the lease such as "market value at the well" or "amount realized" establish how the royalty payor must measure and calculate royalty, and what post production costs can be allocated to the lessor interest. Review some of the principal phrases used to describe such obligations and how the Texas courts have interpreted them, and examine how that same language has been interpreted differently in other jurisdictions. Also analyze the impact of division and transfer orders and royalty payment statutes on royalty obligations contained in the lease.
Originally presented: Mar 2019 Fundamentals of Oil, Gas and Mineral Law
Tara Righetti,
University of Wyoming College of Law - Laramie, WY
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Laura H. Burney
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Session 7
—62 mins
Oil and Gas Conveyancing and Interests in Oil and Gas (Apr 2019)
Explore the terms used to convey mineral and royalty interests and the issues that arise in drafting and interpreting these conveyances.
Originally presented: Mar 2019 Fundamentals of Oil, Gas and Mineral Law
Laura H. Burney,
St. Mary's University School of Law - San Antonio, TX
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Keith B. Hall
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Session 8
—46 mins
The Oil and Gas Lease, Part III: Implied Covenants (Apr 2019)
Examine the law of implied covenants, including the duties imposed, elements necessary to establish a claim, and remedies and defenses available.
Originally presented: Mar 2019 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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Carroll G. Martin
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Session 9
—31 mins
Voluntary Pooling and Unitization (Apr 2019)
Review voluntary pooling as authorized 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 numerous tracts and leases for the purpose of enhanced recovery or re-pressuring operations.
Originally presented: Mar 2019 Fundamentals of Oil, Gas and Mineral Law
Carroll G. Martin,
Scott Douglass & McConnico LLP - Austin, TX
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Thomas A. Daily
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Session 10
—23 mins
The Oil and Gas Lease, Part IV: Other Clauses (Apr 2019)
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: Mar 2019 Fundamentals of Oil, Gas and Mineral Law
Thomas A. Daily,
Daily & Woods, P.L.L.C. - Fort Smith, AR
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John S. Lowe
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Session 11
—46 mins
The Joint Operating Agreement (JOA) (Apr 2019)
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: Mar 2019 Fundamentals of Oil, Gas and Mineral Law
John S. Lowe,
Southern Methodist University Dedman School of Law - Dallas, TX