Oil and Gas Contracts Drafting
This course will teach the basic skills of contracts drafting, using standard contracts in the oil and gas industry, of both a domestic and international sort, as the means to develop these skills. It will be divided into four components, as follows:
Component One—General Drafting Skills
This component will give students some sense of how a generic business deal is translated into a legal agreement.
Component Two—Understanding Oil and Gas Contracts
This component will introduce students to the contracts used in the industry both in the domestic setting and in the international one. It will effectively outline the common business deals concluded in the field.
Component Three—Oil and Gas Drafting Basics
This component will focus on the basic contractual elements of the oil and gas deal. It will be a summary of sorts of drafting provisions that underline the business deals described above.
Component Four—Understanding and Drafting the Components of the Oil and Gas Deal
The idea of this lengthy, final component will be to take a particular, specific legal concept, for example, indemnities, and go through a process whereby the concept is introduced, its purpose explained, the positions each party in a deal is likely to take outlined, and then various drafting formulations introduced applicable as to each form contract we will be working with. This would be done as to the most important parts of the oil and gas deal.