|
Apr 25, 2024
|
|
|
|
LND 104 - Contract Law for Oil and Gas Industry Credits: 3 credits 3 Lecture Hours Prerequisites: CIT 155 , LND 101 , LND 102 This course is a study of the principles of basiccontract law as it relates to issues in general business and specifically in the oil and natural gas industry. Emphasis on contract law for the oil and natural gas industry will include additional discussion topics and instruction on contracts utilized in the natural gas industry. The student will learn about various agreements such as farm-ins, farm-outs, communization, American Association of Petroleum Landmen (AAPL) Model Form Operating Agreement and Council of Petroleum Accountants Societies, Inc. (COPAS) Accounting Procedure, various forms of assignments, joint exploration agreements, gas purchase, gas sales, gas distribution, transportation and gathering agreements.
Course and Section Search
Add to Portfolio (opens a new window)
|
|