Introducing the "Fair Opportunity Doctrine"
How to Harmonize the Rule of Capture, Correlative Rights, and Subsurface Trespass for a More Effective System of Property Rights in Oil and Gas and Pore Space
Webinar begins at 12:00 pm CST
Duration: 1 hour
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Fax: +1.972.244.3401
E-Mail: iel@cailaw.org
Overview
Over the past twenty years, horizontal drilling, hydraulic fracturing, and, most recently, carbon dioxide sequestration have raised novel and difficult legal issues involving the development and use of oil and gas reservoirs. Much of the difficulty has come in reconciling three key oil and gas doctrines: the rule of capture, correlative rights, and subsurface trespass. This presentation introduces the "fair opportunity doctrine," which synthesizes these rules into a single workable legal test that defines the limits of reservoir property rights. The fair opportunity doctrine addresses cases involving cross-boundary hydraulic fracturing (like Coastal Oil & Gas Corp. v. Garza Energy Trust), horizontal drilling (like Lightning Oil & Gas v. Anadarko Onshore E&P), and underground fluid migration from saltwater disposal, secondary and enhanced recovery, and carbon dioxide sequestration or storage, among others. The presentation is based on Prof. Joe Schremmer's forthcoming article in Volume 46 of the Harvard Environmental Law Review, entitled A Unifying Doctrine of Subsurface Property Rights.
Webinar begins at 12:00 pm CST
Duration: 1 hour
Speaker
Joseph A. Schremmer
Assistant Professor of Law, Judge Leon Karelitz Oil & Gas Law Professor
The University of New Mexico
Albuquerque, New Mexico
Joseph A. Schremmer is an assistant professor of law and the Judge Leon Karelitz Oil and Gas Law Professor at the University of New Mexico School of Law. He teaches courses on oil and gas law, environmental regulation of the oil and gas industry, property law, contracts, business associations, and secured transactions. Joe has written extensively on subsurface property rights, including articles published or forthcoming in the Washington Law Review, University of Colorado Law Review, Utah Law Review, University of Kansas Law Review, Journal of Legal Education, and Harvard Environmental Law Review. He is also a co-author with Patrick H. Martin, Bruce M. Kramer, Keith B. Hall, and Tara K. Righetti of The Law of Oil and Gas: Cases and Materials (11th ed. 2021). Before entering teaching, Joe practiced law with a small general civil practice firm in Wichita, Kansas, where he represented oil and gas producers in all phases of oil and gas development, specializing in issues involving mineral title.
CLE Credit
Texas Course Number 174148208. This course has been approved for Minimum Continuing Legal Education credit by the State Bar of Texas Committee on MCLE in the amount of 1.0 credit hours, of which no credit hours will apply to ethics/professional responsibility credit.
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