Onshore Oil and Gas Leasing

Finding petroleum is not the only requisite to production. Before an oil company can develop a reservoir, it must obtain the legal rights for such exploitation.

In this module you will learn:

• Types of ownership possible for land and the minerals underground.
• Entities that can own land and mineral rights in the USA and their rights.
• Common leasing terminology, concepts, terms and provisions.
• Common forms of cooperation that oil companies engage in when exploring the same petroleum reservoir

In order to successfully complete this module you will be required to:

• Go through all the lessons in the module.
• Complete the practice items.
• Complete the module quiz with a passing grade of 70%. You will have 2 chances to complete the quiz.

At the end, you will receive a Digital Badge of Completion.  It should take you approximately 45-60 minutes to complete this module.

For multiple licenses or to use the Introduction to Petroleum e-learning module in training, please contact us at 800.687.4132 or 512.471.5940 or by sending an email to info@petex.utexas.edu.