Class Information

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  MW  Location: 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  144 TU2  111 TU2   

This course will have:
Exam:
Paper:

Satisfies Senior Upper Level Writing Requirement: No

Experiential Course Type:

Bar Course:

DistanceEd ABA:

Pass-Fail Student Election: