Lexis Nexis Oil and Gas Joint Operating Agreements: A Comparative World-wide Analysis
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Product description
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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Featured Authors
David Sweeney
David Sweeney is an oil and gas attorney with experience in energy matters in over 30 countries. He has served as outside counsel, internal chief legal officer, chief compliance officer, field landman, and commercial negotiator to his clients and is a frequent author and speaker on oil and gas topics. His practice includes mergers and acquisitions, joint operating agreements, unitization and unit operating agreements, farmout and joint venture transactions, equity and debt financing, corporate structuring, anti-corruption compliance implementation and training, drilling and service contracts, rig sharing arrangements, gathering and transportation contracts, engineering and procurement and project management contracts. Mr. Sweeney serves on the Executive Committee of the Institute for Energy Law (IEL) and is the past Chair of both the IEL's Young Energy Professionals Committee and the Association of International Petroleum Negotiators' Young Negotiators Committee. He is a partner in the Houston, Texas office of K&L Gates LLP.
The Institute for Energy Law
The Institute for Energy Law (IEL), part of The Center for American and International Law, was established in 1959 and provides superior educational and professional opportunities for lawyers and other professionals in the energy industry through educational courses, conferences, scholarly publications and membership activities. IEL presents several educational conferences and seminars each year, publishes papers and periodicals, and provides an important forum in which contemporary issues affecting the energy industries can be discussed. Learn more at http://www.cailaw.org/institute-for-energy-law/index.html . Visit IEL's LinkedIn page at https://www.linkedin.com/groups/2330688.
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
