Fall 2013
5355 Oil & Gas - WELLS- 12451
Professor(s):
Bret Wells (FACULTY)
Credits: 3
Course Areas: Energy, Natural Resources and Environmental Law
Time: 2:30p-4:00p MWLocation: 144 TU2
Course Outline: This course covers the basic property, contract and regulatory framework for oil and gas production in Texas. It explores common law property concepts (such as the rule of capture, trespass, cotenancy, life tenancy); the provisions of an oil and gas lease negotiated between a mineral interest owner and an oil company as lessee; mineral and royalty interest conveyancing; and Railroad Commission regulation of drilling, production, pooling, and unitization for the efficient and fair development of oil and gas.
Course Syllabus: Syllabus pdf
Course Notes:
Prerequisites:
First Day Assignments: Read Preface pages 1 through 24
Final Exam Schedule: 12/13 2-5pm
This course will have:
Exam:
Paper:
Satisfies Skills Course Requirement: No
Satisfies Senior Writing Requirement: No
Book Requirements: