Oil and Gas Law - Commercial Contracts Matrix module (CP52059)

Oil and Gas Law - Commercial Contracts Matrix involves understanding the creation and linkage of various agreements in the oil and gas industry.

It covers standard forms and master drafting styles for contracts, such as Exploration and Production Sharing Agreements, Joint Operating Agreements, and Gas Sales Agreements.

The matrix highlights how risks and rewards flow between parties, influenced by their relative sizes and roles. This knowledge is crucial for managing legal and commercial relationships in the industry.

What you will learn

In this module you will:

• gain an extensive and detailed knowledge and understanding of the range of oil and gas agreements between companies
• obtain knowledge of the process involved in the creation of agreements
• gain a critical awareness of the linkage between agreements (risk and reward)
• be able to identify risks which can be transferred to other parties through a series of contracts

By the end of this module you will be able to:

• competently perform analysis of the flow of obligations through the series of agreements – understanding how that controls the risk profile of the individual field owner, and see how that risk can be adjusted by changing the terms of a contract or the risk position of a contract
• provide original and creative advice to company managers on approaches and strategies relating to the structure of commercial oil and gas agreements
• critically review and synthesize information, research and analyse complex issues relating to commercial and oil and gas agreements, informed by developments at the forefront of the industry

Assignments / assessment

This module will be assessed by

• Coursework (100%) - this course work will comprise a case study analysis

This module does not have a final exam

Teaching methods / timetable

This module will be delivered by a combination of

• lectures
• seminars
• students’ presentations
• group discussion and team work
• talks by invited speakers