Oil and Gas Law
Course Number: 6790
Professor: Tara Righetti
Credit Hours & Type of Credit: 3
Semester Offered: Fall
Prerequisites: Students must have completed their first year of law school.
Recommended Courses: Property, Contracts, and Administrative Law
Course Overview: The course on Oil and Gas Law is considered to be a ‘Capstone’ class in the College of Law. While there is no hard-and-fast description of this concept, it embodies the following attributes: 1)Students have completed preparatory courses that provide a background for more focused instruction that gives students the opportunity apply these principles to a specific area of law. 2)Substance and procedures, specific to the area of law, are presented. In the case of Oil and Gas Law this means the intricacies of leases and mineral deeds and the differences in their creation and conveyance, role of state regulation, distinctions regarding federal and state oil and gas leases, and evaluation of the chain of title for fractional interests.
Course Materials: See the current Book List located under Courses and Curriculum.
Course Format: The method of instruction includes experience in the tasks undertaken by practitioners in the particular area of law. In the case of Oil and Gas Law. Students in the course on Oil and Gas Law, are given two types of assignments (1) the responsibility to present the facts and findings of specific cases, both in terms of substantive law and procedure; and (2) exercises in preparing key industry documents such as Surface Use Agreements, Title Opinions and Farmout agreements.
Written Assignments: In this course, students are given the opportunity to demonstrate their competence with Oil and Gas Law through a dialectic process that includes presentation of cases, response to questions, completion of exercises and the occasional quiz. Above all, this should be an enjoyable, albeit challenging, learning experience.
Type of Exam: Final exam
Basis for Grading Student Performance: Performance in the course will be assessed on following basis: 1) Exercises - Surface Use Agreement, 15%; Title Examination, 15% and 2) Examination - 2-Essay Questions, 50%; Short Answer, 20%. It is possible that pop-quizzes will be used as a means for surveying familiarity with course material. The results of these quizzes will be used for individual counseling and will not be part of the assessment.
Other Comments: Several weeks prior to the end of the course, individual meetings will be scheduled in order for the instructor to provide feedback on the course and in class performance. An overall review of the course will be scheduled the week before the final exam.