SESSION 1 — 41 mins, credit 0.75
Negotiating Oil & Gas Leases for Horizontal Drilling Projects in a Post-Vertical Well Paradigm - A Look At the Application of Selected Common Lease Provisions to Horizontal Well Operations (Apr 2019)
Understanding the operational and economic context of oil and gas operations encourages more effective lease negotiations between the lessor and lessee, and can lead to collaboration instead of conflict. Failure to relate lease terms to operational reality can result in failed negotiations, stranded minerals, and permanent lost opportunity for all affected parties. Discuss operational and economic considerations in drilling horizontal wells and how selected lease provisions impact development decisions.
Originally presented at: Mar 2019 Oil, Gas and Mineral Law Institute