Oil and Gas Taxation

Class Unique: 28505
Cross-Listing. Oil & Gas Taxation covers the United States federal income taxation of domestic oil and gas operations and transactions. The course examines taxation associated with the operational life cycle of oil and gas operations including exploration, development, production and abandonment. The study of transactions involving oil and gas interests analyzes acquisition, disposition, structuring and investment. Course participants learn the historical context and development of oil and gas provisions found in U.S. tax law. Current tax legislative proposals or enactments that affect the oil and gas industry are addressed if warranted. Although emphasis is on federal income taxation of domestic oil and gas transactions, the international tax aspects of the oil and gas business also are surveyed. It is helpful if students have taken Federal Income Tax or Oil and Gas Law as prerequisites to this course.

Class Details

Meeting Days Time Location
Thursday 2:30 - 5:20 pm TNH 3.127
Evaluation Method Date Time Alpha Range Room
Final 5/12/16 1:30 pm 2.138

Additional Information

Course Type
Grading Method
Pass/Fail Not Allowed


  • Oil and Gas Federal Income Taxation - Henessee
      Wolters Kouwer , edition: 2016
      ISBN: 9780808041351   (required)


Spellings, James M Jr. Spellings, James M Jr.