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Oil and Gas Joint Operating Agreements: A Comparative World-wide Analysis

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2015 Edition
ISBN: 9781632843890
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2015 Edition
ISBN: 9781632843906
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2015 Edition
ISBN: 9781632843906
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$186.00
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This publication provides in-depth analysis of worldwide joint operating agreements (JOAs), unit operating agreements, and similar agreements based on commonly-used forms in different jurisdictions, common modifications to those forms and rationales for those changes, and cases and secondary source material interpreting joint operating agreements. Joint operating agreements are one of the most common, and important, types of upstream oil and gas agreements. Though JOAs worldwide deal with similar issues, the ways in which these issues are handled can differ depending on the jurisdiction and type of form. By dealing with JOAs on a global scale, this publication will facilitate an understanding of these agreements generally, the terms of any particular JOA, how and why parties from other jurisdictions may view a project differently, and creative cross-cultural solutions for common JOA-related issues.

The JOA treatise is unmatched by any other publication and features:

•  Comprehensive coverage of the issues which have broad geographic appeal.
•  Comparative analysis of different types of joint operating agreements and explanations of how the oil and gas industry functions in other jurisdictions.
•  An examination of how counterparties may view certain clauses along with creative ways to deal with problems that arise during the negotiation of a JOA and the administration of an executed agreement.
•  High-level discussions that permit readers new to this type of agreement to develop a solid understanding of what a joint operating is and does.
•  Citations to common forms, cases, and secondary source material that serve as a reference guide for further study.

Note that this publication was originally published by The Institute for Energy Law of The Center for American and International Law and was peered reviewed by expert practitioners.

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Table of Contents

Chapter 1 Introduction

Chapter 2 Background

Chapter 3 Scope of Operations

Chapter 4 Compliance With Granting Instruments

Chapter 5 Title Review, Approval, and Loss Provisions

Chapter 6 Operator

Chapter 7 Non-Operators

Chapter 8 Operations

Chapter 9 Payment of Costs and Defaults

Chapter 10 Transfer of Interests

Chapter 11 Withdrawal and Surrender

Chapter 12 Tax Issues

Chapter 13 Entitlements, Marketing, and Balancing

Chapter 14 Insurance Requirements and Issues

Chapter 15 Term and Termination

Chapter 16 Dispute Resolution

Chapter 17 Confidentiality and Restrictions on Use