The one-day Fundamentals of Oil, Gas and Mineral Law brings together a distinguished faculty of academics and practitioners who provide a comprehensive overview of oil and gas legal issues.
The program opens with “The Top 10 Things Your Momma Never Told You about Oil and Gas Leases” and continues with sessions on surface rights v. mineral rights, Farmout Agreements, oil and gas marketing issues, drafting tips, and more.
MORNING Presiding Officer(s)
Frank N. Cusimano, III,
Chevron North America Exploration and Production Company -
Houston, TX
7:30 am
Registration Opens
Includes continental breakfast.
8:20 am
Welcoming Remarks
8:30 am
The Top 10 Things Your Mom Never Told You about Oil and Gas Leases 1.00 hr
Learn ten of the top current issues that lessors and lessees should consider when negotiating oil and gas leases.
M.C. Cottingham Miles
Martin & Drought, P.C. - San Antonio, TX
Surface Rights/Access v. Mineral Rights .75 hr
Over the past 75 years, the relationship between a severed mineral owner and the surface owner has undergone substantial change. This presentation analyzes both the historical antecedents and the present jurisprudence regarding the implied easement of surface use.
Bruce M. Kramer
Of Counsel, McGinnis, Lochridge & Kilgore, L.L.P. - Houston, TX
10:15 am
Break
10:30 am
Overview of Railroad Commission Regulations .75 hr
A look at what the Railroad Commission does and does not do.
Brian R. Sullivan
McElroy, Sullivan & Miller, L.L.P. - Austin, TX
11:15 am
The Farmout Agreement .75 hr
A review of the basic elements of a Farmout Agreement and a discussion of the key issues that should be addressed in drafting and negotiating a Farmout Agreement.
Mark K. Boling
Southwestern Energy Company - Houston, TX
AFTERNOON Presiding Officer(s)
Frank N. Cusimano, III,
Chevron North America Exploration and Production Company -
Houston, TX
Luncheon Presentation
12:00 pm
Pick up Box Lunch
Included in course registration.
12:30 pm
Better, Faster, Cheaper? Today’s Drilling Environment .50 hr
This session covers the current drilling/operations environment as well as some of the new technologies that are driving today’s oil and gas activities. Also covers the impact of new drilling and completion technology on the U.S. gas supply.
Mark A. Houser
EnerVest, Ltd. - Houston, TX
1:00 pm
Break
1:15 pm
Basic Oil and Gas Taxation .75 hr
Federal income tax issues encountered in common oil and gas transactions.
R. Richard Coston
Fulbright & Jaworski L.L.P. - Houston, TX
2:00 pm
Drilling Contracts and Master Service Agreements .75 hr
Risk allocation issues in drilling contracts and master service agreements are often the most difficult issues. This session provides a broad overview of the indemnity and insurance provisions and some of the important pitfalls.
William W. Pugh, III
Liskow & Lewis - Houston, TX
2:45 pm
Basic Environmental Law for Oil and Gas Lawyers .75 hr
An overview of federal and state agency jurisdiction and the primary environmental law programs affecting oil field operations and cleanup in Texas, and drafting tips on how to avoid pitfalls when negotiating environmental provisions in contracts.
Susan G. Zachos
Law Offices of Susan G. Zachos - Austin, TX
3:30 pm
Break
3:45 pm
Division Orders .50 hr
The uses and abuses of the Division Order—neither a contract nor a conveyance, a shield but not a sword.
Michael D. Jones
Jones Gill LLP - Houston, TX
4:15 pm
Issues in Marketing Production 1.00 hr
An overview of natural gas and crude oil marketing issues, including drafting principles for crude oil sales contracts, natural gas sales contracts and gas gathering agreements, and issues related to laws and regulations applicable to oil and gas marketing.
Amy L. Hoff
Vinson & Elkins LLP - Houston, TX
Kathleen C. Lake
Vinson & Elkins LLP - Houston, TX
5:15 pm
Operator Duties to Non-Operators .50 hr
A review of the standard of conduct the operator owes non-operators, the relationship of the parties, and the effect of exculpatory language found in model forms.
John S. Lowe
Southern Methodist University, Dedman School of Law - Dallas, TX
Texas MCLE: Course #901188944 8.00 hrs, includes 0.00 hrs ethics
Credit is submitted to the State Bar of Texas within seven business days following the conference. To claim immediate credit, self-report via the SBOT web site at http://www.texasbarcle.com/CLE/home.asp
Legal Specialization: Oil, Gas and Mineral Law
California MCLE: Provider #1944 8.00 hrs, includes 0.00 hrs ethics
This course is approved for California MCLE credit. A Certificate of Completion and related course reporting documentation for CA MCLE credit will be available at the conference.
See CA Report Compliance for more information.
Other Jurisdictions: LA, NM, OK, NV, etc.
Many jurisdictions accept courses offered by the University of Texas School of Law, and approved by the State Bar of Texas, for CLE credit. Please check with your state bar association. A Certificate of Completion, and related course reporting documentation for MCLE credit will be available at the conference.
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