Oil and Gas Taxation

Semester: Spring 2015
Course ID: 390E
Credit Hours: 3
Unique: 28880

Course Information

Grading Method: Pass/Fail Not Allowed

Registration Information

Upperclass-only elective

Meeting Times

Day	Time	Location
THU	2:30 - 5:20 pm	TNH 3.125

Evaluation Method

Type	Date	Time	Location
Final exam	May 8, 2015	1:30 pm	A-Z in 2.123

Description

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.

Textbooks ( * denotes required )

Oil and Gas Federal Income Taxation *

Patrick Hennessee

CCH , edition: 2015
ISBN: 13-9780808039266

Instructors

Wright, Denney L.

Spellings, James M Jr.