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Oil & Gas Law - 2231

Oil & Gas Law
Class Term:
Fall Term 2022-2023
Catalog Number:
5099
Professor(s): Type:
Lecture
Credits:
2 (2 Contact, 0 Field)
Graduation Requirements:
Experiential Learning
Priority:
Limited Enrollment - 3rd Year Priority
Full Year Course:
No
Category:
Standard Courses

Additional Information

Beginning with the fall term 2020, the course will count as Experiential Learning toward graduation requirements.

Grading Details

The grade will be based on participation in the experiential exercises described above (60%) and a 10-page paper on a topic to be approved by the professor(s).

 

Description

The course includes a study of the various types of property interests in oil and gas, the oil and gas lease, the rights and duties of the lessee and lessor, and conveyances and assignments of oil and gas estates and interests. This course will review specific types of agreements used in the oil and gas industry for exploration, production, development and investment. This course will also examine and provide practical insight into oil and gas law practice in Pennsylvania and review Pennsylvania statutes, regulations and relevant case law applicable to drilling and producing oil and gas in the Commonwealth. This course will address the vast potential of the Marcellus shale reserves in the Appalachian Basin and its related litigation and environmental issues.

Oil & Gas Law