Upstream Oil and Gas Agreements
Upstream agreements define the legal, business and working relationships that exist between companies that explore for and produce oil and gas, and the government agencies or private parties that own the mineral rights. Learn how oil and gas leases are negotiated with a landowner in the U.S. and analyze the two main forms of agreements, the Concession Agreement and the Production Sharing Contract, used by host countries around the world. Duration: 2 hours Content: Overview Historical Perspective Methods for Obtaining a Host Government Agreement Four Types of Exploration Agreements Joint Operating Agreements Nicola Case Study Sandland Business Game Summary Glossary of Terms Model Form for International Joint Operating Agreement