PETEX©

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 Certificate 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.

Catalog #LicensePrice 
96.M0510 12 Months $75.00
 

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