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Jul 04, 2024
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LAW 5355 - Oil and GasCredit Hours: 3.0
Lecture Contact Hours: 3 Lab Contact Hours: 0
Covers the basic property, contract, and regulatory framework for oil and gas production in Texas. Explores common law property concepts; the provisions of an oil and gas lease negotiated between a mineral interest owner and an oil company as lessee; and also examines Railroad Commission regulation of drilling, production, pooling, and unitization for the efficient and fair development of oil and gas.
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