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Fall 2012
5355 Oil & Gas - WELLS- 12622

Professor(s): Bret Wells (FACULTY)

Credits: 3

Course Areas: Energy, Natural Resources and Environmental Law 

Time: 1:00p-2:30p  TThLocation: 144  BLB

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: Please read the introductory materials located on page 1 through page 12e.

Final Exam Schedule: 12/20 2-5pm  240 TU2  211 TU2  

This course will have:
Exam:
Paper:

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