Subjects 2009
Petroleum Law 730651
- Credited Courses: Graduate Diploma in Environment, Energy and Resources Law L07; Graduate Diploma in Environment, Energy and Resources Law L07; Graduate Diploma in Legal Studies L08; Graduate Diploma in Transnational Law 333; Master of Commercial Law 504; Master of Commercial Law 504; Master of Laws (LLM) 502; Master of Laws (LLM) 502
Objectives
A student who has successfully completed this subject should:
- Understand the law relating to petroleum exploration and production in Australia
- Be familiar with the statutory regimes governing petroleum exploration and production in selected Australian jurisdictions
- Be able to apply the relevant law to problems arising in relation to petroleum exploration and production in Australia
- Understand the law relating to petroleum exploration and production in selected foreign jurisdictions.
Syllabus
Principal topics will include:
- Australian petroleum legislation
- Meaning of ‘petroleum’
- Property in petroleum and the Rule of Capture
- Petroleum exploration and production titles
- Statutory royalties
- Dealings and registration
- Overriding royalties
- Production controls
- Unit development
- Underground storage
- Carbon capture and storage
- International petroleum regimes
- Third party access to infrastructure
- Coal seam gas
- Petroleum resource rent taxation
- Case Study 1: Petroleum Act 1998 (Vic)
- Case Study 2: Offshore Petroleum Act 2006 (Cth).
Prize
The AMPLA Award is awarded to the student ranked first in this subject.
