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Master Service Agreements for Oil and Gas: Negotiating and Structuring Techniques, Key Provisions, Court Treatment

Recording of a 90-minute premium CLE webinar with Q&A

This program is included with the Strafford CLE Pass. Click for more information.
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Conducted on Thursday, December 19, 2019

Recorded event now available

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This CLE course will guide energy counsel on the key considerations and critical provisions in master service agreements (MSAs) for oil and gas businesses, including insurance, indemnification, damages, and payment. The panel will discuss negotiating and structuring MSAs, issues that commonly arise, and how the courts have treated indemnity provisions in MSAs in those jurisdictions that have anti-indemnity statutes.

Description

An MSA defines the relationship between an oil and gas company and its providers of goods and services. The MSA allocates risk and provides indemnification. However, there are limitations and counsel must understand those limitations under both state and federal law.

Counsel to oil and gas companies must understand the challenges involved in crafting MSAs to meet the parties' expectations and align with their insurance packages along with the applicable venue’s treatment of MSAs.

Listen as our authoritative panel discusses vital considerations and key provisions in an MSA, including insurance and indemnification, damages, and enforceability. The group will discuss negotiating and structuring MSAs, issues that commonly arise, and how the courts have treated MSAs.

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Outline

  1. MSA key considerations and provisions
  2. Issues that commonly arise and methods to overcome them
  3. Court treatment of MSAs and best practices for oil and gas counsel

Benefits

The panel will review these and other key issues:

  • What are the critical provisions when structuring and negotiating MSAs?
  • What issues frequently arise when structuring MSAs and what strategies should be used to allocate risk?
  • What are counsel's options to effectively negotiate these agreements?

Faculty

Freeman, Trevor
Trevor Freeman

Atty
Cotton Bledsoe Tighe & Dawson

Mr. Freeman practices in Cotton Bledsoe's Business and Corporate Law Section. He is licensed to practice law in...  |  Read More

Gordon, Forrest
Forrest Gordon

Partner
Gordon Lusky

Mr. Gordon frequently works with foreign investors and internationally-based companies with business interests in the...  |  Read More

Kroschel, Forrest
Forrest T. Kroschel

Atty
Cotton Bledsoe Tighe & Dawson

Mr. Kroschel is a member of the Oil, Gas and Energy Resources Law Section of the State Bar of Texas. He regularly...  |  Read More

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