The University of Texas at Austin   School of Law

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UT Law School Classes - Spring 2008

Oil and Gas

Instructor: Smith, E Credits: 3 Course ID: 390 Unique #28765
     Day    Time   Location
   Monday 11:30 am - 12:20 pm TNH 2.137
   Tuesday 11:30 am - 12:20 pm TNH 2.137
   Thursday 11:30 am - 12:20 pm TNH 2.137
Exam Type    Test Date Time      Name Range Regular Room Extegrity Room
  Final Friday, May 2 8:30 am -   A-K
  L-Z
  2.137
  2.139
  2.137
  2.139
Registration Information
This course is restricted to upper division students only.

Description
This course includes a study of various kinds of property interests that are commonly created in oil and gas and the land from which they are produced.  Included are concepts as to the nature of a landowner's interest in oil and gas; the creation and duration of mineral leases; the rights and duties between lessor and lessee; the nature and characteristics of a mineral fee; the rights and duties between mineral and surface owners; the different kinds of royalty and mineral interests; the protection of interests in oil and gas properties against trespassers and wrongful claimants, and agreements between oil companies, such as farmouts and operating agreements.  State regulation of drilling and production, including spacing rules, pooling and unitization, will also be covered.

Related Course Areas