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Spring 2012
5239 Oil & Gas Tax - WRIGHT- 23470
added 8-22-11; room move 1-13-12

Professor(s): Denney Wright (OTHER FACULTY)

Credits: 2

Course Areas: Taxation 

Time: 6:00p-8:00p  M  Location: 240  TU2

Course Outline: Oil and Gas Income Taxation covers the United States federal income taxation of domestic oil and gas operations and transactions. The course examines taxation associated with the operational life cycle of oil and gas operations including exploration, development, production and abandonment. The study of transactions involving oil and gas interests analyzes acquisition, disposition, structuring and investment. Course participants learn the historical context and development of oil and gas provisions found in the U.S. tax law. Current tax legislative proposals or enactments that affect the oil and gas industry are addressed if warranted. The emphasis is on federal income taxation of domestic oil and gas transactions, although certain international tax aspects of the oil and gas business will be referenced and contrasted throughout the class.

Course Syllabus:

Course Notes:   

Prerequisites: Yes  Federal Income Tax

First Day Assignments: NOTE TO STUDENTS: Your professor has set up a web discussion board, “Blackboard”, and you may access at
and communicate with your professor, receive assignments, read postings for class, etc.

Final Exam Schedule: 05/07 6-8pm  111 TU2  117 TU2  

This course will have:

Satisfies Skills Course Requirement: No
Satisfies Senior Upper Level Writing Requirement: No

Experiential Course Type:

Bar Course: