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Gas Contracting: The Lessons Of The Seventies, John S. Lowe
Gas Contracting: The Lessons Of The Seventies, John S. Lowe
Faculty Journal Articles and Book Chapters
No abstract provided.
The Anatomy And Preparation Of Ocs Farmout Agreements, John S. Lowe
The Anatomy And Preparation Of Ocs Farmout Agreements, John S. Lowe
Faculty Journal Articles and Book Chapters
Oil and gas farmout agreements are important devices in spreading the risks of oil and gas exploration and development on the Outer Continental Shelf, as well as in onshore operations. In fact, because both the costs and risks (as well as the rewards) of offshore development are greater than those usually associated with onshore operations, oil and gas farmout agreements may play a more important role in operations on the Outer Continental Shelf than in onshore operations. The structure of an Outer Continental Shelf farmout agreement does not differ substantially from that of its onshore counterpart. The function of farmout …