Oil & Gas Law
LAW 622 | 2-3 Hours
This course covers both general and Alabama law applicable to ownership and conservation of oil and gas. The course emphasizes private property and contract law concepts that are unique to oil and gas law and that govern the relationships among landowners and oil companies involved in exploration, production, and marketing of oil and gas. Administrative law aspects of federal and state oversight of oil and gas development are also addressed. Students are introduced to fundamental oil and gas legal terms, the concepts involved in private mineral ownership, the different types of interests that may be created in the oil and gas estate, conveyancing and title issues, state oil and gas administrative regulations, and the basic principle of the oil and gas lease under which wells are drilled and produced.