Level 1 covers the basics of title opinion anatomy, types of title opinions, drafting conveyances, ownership of oil, gas, and minerals, conveyancing formalities, oil, gas, and mineral leases, and various clauses and covenants related to leases. The course material includes relevant casebooks, treatises, and handbooks, as well as additional resources from Lexis and Westlaw, which are available from the Foundation for Natural Resources and Energy Law (FNREL). The Texas Title Examination Standards and Oil, Gas &amp; Energy Resources Law (OGERL) are also available for reference.

Level 1 Ownership of Oil, Gas, and Minerals

Oliva Gibbs University

<ol><li>Upstream vs. Midstream vs. Downstream&nbsp;</li></ol><ol start="2"><li>Majors vs. Independents&nbsp;</li></ol><ol start="3"><li>Global Markets&nbsp;</li></ol><ol start="4"><li>Financing Trends (traditional RBL and P/E-backed portfolio companies)&nbsp;</li></ol><ol start="5"><li>Suggestions for Popular Books discussing the (big) rich history&nbsp;</li></ol><ol start="6"><li>Consolidation trends and what’s driving them (ESG bullsh as a factor)&nbsp;</li></ol><ol start="7"><li>Different basins – historical and recent production&nbsp;</li></ol><ol start="8"><li>Advances in technology: vertical – one mile horizontal – 4 mile horizontal, and creating new legal mechanisms to address the changes.&nbsp;</li></ol>