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Spring 2013
5239 Oil & Gas Tax - WRIGHT- 30867

Professor(s): Denney Wright (OTHER FACULTY)

Credits: 2

Course Areas: Taxation 

Time: 3:30p-5:30p  T  Location: 117  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:   Welcome to Oil & Gas Tax.

I have posted the semester assignments, our class syllabus and a student contact information/background questionnaire to UH Blackboard for your information and use. I will utilize UH Blackboard for student communications this semester. If you have time, please fill out the questionnaire which is posted in the course materials and submit it via email to me ( or bring it to our first class next Tuesday – I will also have blank copies for you to fill out if you do not have a chance to fill this out before class. Note that our classroom assignment has changed to TU2-117. See you Tuesday. . .

Professor Wright

Prerequisites: Yes  Federal Income Tax

First Day Assignments: Students should access UH Blackboard for all assignments/syllabus/information for Oil & Gas Tax.

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

This course will have:

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

Experiential Course Type:

Bar Course: