Oil and Gas

Catalog description

7202. 2 hours. The course includes a study of the various types of property interests in oil and gas, the oil and gas lease, the rights and duties of the lessee and lessor, and conveyances and assignments of oil and gas estates and interests. This course will include the (1) review and drafting of specific types of contracts used for exploration, production, and development; (2) drafting of litigation pleadings based on an active Texas oil and gas litigation case; and (3) the research and drafting of an environmental memorandum for an oil and gas fact pattern. This course will also examine and provide practical insight into how administrative law, environmental law, property, and tort affect oil and gas practice The contract, litigation, and environmental drafting assignments are in lieu of a midterm and final exam.