Apr 19, 2024  
2018-2019 Catalog 
    
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2018-2019 Catalog [ARCHIVED CATALOG]

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LND 103 - Oil and Gas Leases

Credits: 3
3 Lecture Hours
Prerequisites: LND 101  LND 102  CIT 155  
This course is a study of the principles of basic oil and gas clauses typically contained in an oil and gas lease. Discussion topics and instruction will include the elements of a lease; rights, duties and obligations of the parties to a lease; calculating production payments; apportioning interests after assignment; effects of forming a pool or unit; and terminating a lease.


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