Oil and Gas Law

Oil and Gas Law

Course Description

This course examines how the courts, legislative bodies and administrative agencies have adapted basic principles of property, contract and tort law to address the unique issues related to the development and production of oil and gas resources. The course will explore the nature of the interests created out of the oil and gas mineral estate and how these interests are protected. The oil and gas lease and its express and implied covenants will be reviewed as well as other basic contracts governing the production and sale of these resources. The role of the state in the regulation of oil and gas and the tools available to it including spacing, pooling and unitization will be examined. Public land issues and the relationships between the state, federal government and Indian Nations in the regulation of the oil and gas industry will also be explored. Finally, the course will addresses current issues related to coal methane gas production, horizontal drilling, split estates and the protection of ground water and the environment.