Oil and Gas

• Semester: Summer 2020
• Course ID: F290
• Credit Hours: 2
• Unique: 77751

Description

Taught as a web-based course. Meets June 4 - 26, 2020.

This course will concentrate on Texas Oil and Gas Law, referring to the law of other states to facilitate a better understanding of Texas law. The coverage includes a study of various kinds of property interests that are commonly created in oil and gas and in the land from which they are produced; concepts as to the nature of a landowner's interest in oil and gas; the creation and duration of mineral leases; the rights and duties between lessor and lessee; the nature and characteristics of a mineral fee; the rights and duties between mineral and surface owners; the different kinds of royalty and mineral interests; the protection of interests in oil and gas properties against trespassers, including issues raised by horizontal drilling and hydraulic fracturing, and wrongful claimants. State regulation of drilling and production will be briefly covered.

The text for this course is a "Hornbook," selected because it should work better than a traditional casebook for online instruction. The class will address materials in the first 9 chapters. The book covers oil and gas law generally, not just Texas, but the class sessions will concentrate on Texas law.