International Petroleum Transactions

Subject 730-788 (2008)

Note: This is an archived Handbook entry from 2008. Search for this in the current handbook Search for this in the current handbook

Credit Points: 12.500
Level: Graduate/Postgraduate
Dates & Locations:

This subject has the following teaching availabilities in 2008:

Semester 1, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 24 - 26 contact hours per subject.
Total Time Commitment: The time commitment for this subject depends on the candidate's background and experience.
Prerequisites: None
Corequisites: N.A.
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements: N.A.

Coordinator

Professor Owen Anderson
Subject Overview:

Objectives:

A candidate who has successfully completed the subject should:

  • Understand the essential provisions of the following agreements:
    • Host government contracts and underlying petroleum law
    • Confidentiality agreements
    • Joint study and bid agreements
    • Exploration and farmout agreements
    • Joint operating agreements
    • Unitisation agreements
    • Lifting, crude oil sales and gas sales contracts
    • Seismic, drilling and well-service agreements
    • Dispute resolution provisions
  • Understand how to manage and contract to avoid corruption problems.

Syllabus:

Principal topics will include:

  • Overview of agreements, confidentiality agreements
  • Joint study and bid group agreements, joint operating and related agreements
  • Unitisation agreements and exploration and farmout agreements
  • Allocating risk in oilfield service contracts, managing and contracting to avoid corruption problems, crude oil sales and related agreements
  • Gas sales and related agreements
  • Dispute resolution in the petroleum sector.
Assessment:
  • Take-home examination (100%) (11-14 July)
Prescribed Texts: Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Please see the Subject Objectives for this information.
Links to further information: 730-788International Petroleum TransactionsMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2008

Objectives:

A candidate who has successfully completed the subject should:

  • Understand the essential provisions of the following agreements:
    • Host government contracts and underlying petroleum law
    • Confidentiality agreements
    • Joint study and bid agreements
    • Exploration and farmout agreements
    • Joint operating agreements
    • Unitisation agreements
    • Lifting, crude oil sales and gas sales contracts
    • Seismic, drilling and well-service agreements
    • Dispute resolution provisions
  • Understand how to manage and contract to avoid corruption problems.

Syllabus:

Principal topics will include:

  • Overview of agreements, confidentiality agreements
  • Joint study and bid group agreements, joint operating and related agreements
  • Unitisation agreements and exploration and farmout agreements
  • Allocating risk in oilfield service contracts, managing and contracting to avoid corruption problems, crude oil sales and related agreements
  • Gas sales and related agreements
  • Dispute resolution in the petroleum sector.
  • Take-home examination (100%) (11-14 July)
N.A.24 - 26 contact hours per subject.Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.Please see the Subject Objectives for this information.The time commitment for this subject depends on the candidate's background and experience.N.A.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.Professor Owen AndersonLawFor the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730788P12.500Semester 1NLawLaw730-788

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