As a top ten producing state in both oil and gas, New Mexico needs lawyers who understand the complex contract and property law issues that intertwine to determine the rights and obligations of parties with competing interests in oil and gas. Students in this course will study and engage in legal problems relating to oil and gas ownership rights, the leasing and transfer of those rights, and the development and marketing of oil and gas. This course also will introduce students to how and why conservation laws have developed in New Mexico and other states to assure the safe, fair, and efficient development of oil and gas. This course will provide students, including those who may not be particularly interested in oil and gas law, the opportunity to further develop contract and property law skills by applying legal principles to factual problems in a specialized context.
Updated: June 20, 2012